Argentine Economy Minister Positively Assesses Results Of Talks With IMF Head

WASHINGTON (Pakistan Point News / Sputnik - 05th September, 2018) Argentine Economy Minister Nicolas Dujovne expressed his satisfaction with the Tuesday talks with the International Monetary Fund's (IMF) Managing Director Christine Lagarde on the fund's financial aid to the crisis-hit Latin American state.

Earlier on Tuesday, Lagarde made a statement after the talks with Dujovne and Argentine Central Bank Deputy Governor Gustavo Canonero saying that the parties reached a progress in the talks on the fund's aid to Argentina.

"That was a very good meeting" Dujovne told reporters without going into details about the date and the size of the possible IMF package of aid.

Argentina is facing a shard economic crisis with the exchange rate of the national Currency, peso, having significantly fallen since the start of the year. In late August, country's President Mauricio Macri said that the country may need the $50 billion package of the IMF aid ahead of the schedule as Argentina could fail to meet its debt obligations for 2019.