The IMF Is Fueling an Argentine Crisis – Again
In little more than three years, Argentine President Mauricio Macri's government has already signed two agreements with the International Monetary Fund. And recent developments suggest that the country’s long and troubled history with the Fund may be about to repeat itself.
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BUENOS AIRES – Argentina first needed to borrow from the International Monetary Fund back in 1958. In the six decades since, the country has signed 22 agreements with the Fund. Most were subsequently derailed or ended in failure.