IMF predicts 11.8% GDP slump in ArgentinaChristian Fernsby ▼ | October 19, 2020
The International Monetary Fund confirmed t will start talks with Argentina on a new rescue package in November, while predicting that Argentina’s economy will contract by a staggering 11.8 percent this year.
IMF Argentina street
"IMF staff will continue to engage closely with the authorities. Staff plans to return to Buenos Aires in mid-November to initiate discussions on a new IMF-supported programme," the statement said. ■