IMF staff approves second review of Argentina debt relief deal

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IMF staff approves second review of Argentina debt relief deal

STORY: IMF staff approves second review of Argentina debt relief deal DATELINE: Sept. 21, 2022 LENGTH: 00:01:12 LOCATION: Buenos Aires CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Argentina 2. various of Argentine capital Buenos Aires 3. various of the Buenos Aires Stock Exchange STORYLINE: Technical staff of the International Monetary Fund (IMF) on Monday approved the second review of the organization's debt relief agreement with Argentina, paving the way for the South American country to access some 3.9 billion U.S. dollars in the coming weeks, the IMF said. "IMF staff and the Argentine authorities have reached staff-level agreement on the second review under Argentina's 30-month EFF (Extended Fund Facility) arrangement," the agency said in a press release. The approval corresponds to the government's fulfillment of quantitative program targets in the second quarter, the IMF said, adding "most... were met." The agreement is subject to the approval of the IMF Executive Board, which is expe

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