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Argentina and IMF Agree on new Debt Relief Program

RIO DE JANEIRO, BRAZIL - Kristalina Georgieva, Director of the International Monetary Fund (IMF), and Argentina's Economy Minister Martín Guzmán agreed on the sidelines of the G-20 Summit in Saudi Arabia last Saturday to renegotiate the South American country's debt agreement.

Both sides are willing to work together to find a solution to Argentina's debt crisis, which the IMF considers "unsustainable" under current credit terms. The aim is to reduce the debt . . .

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