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Is Argentina Starting To Right Its Economy?

4 years ago24 views



Argentina, the South American nation which was celebrated for its macroeconomic management until it fell into a record $95 billion default in 2001, is taking steps towards a return to issuing new international bonds. The government of President Cristina Fernandez de Kirchner has agreed to repay its debt to the Paris Club.According to a report from Bloomberg, the government will make payments worth $9.7 billion over the next five years.

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