Koehler : IMF to seek new accord with Argentina

IMF chief Horst Koehler has said the Fund will start negotiations over a new aid accord with Argentina. Speaking to reporters in Buenos Aires he said the agreement would seek to restore Argentina's financial institutions.

Source: Bloomberg

International Monetary Fund Managing Director Horst Koehler said the fund will begin negotiations with Argentina to craft a three-year aid accord to foster growth and attract investment.

Speaking to reporters in Buenos Aires, Koehler said the agreement would

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