RIO DE JANEIRO, BRAZIL - Argentina decided to defer debt payments with the Paris Club until September 2024, the government said on Tuesday, May 31, through the official gazette, while renegotiating the understanding to cancel some US$2 billion with a longer-term and lower interest rate.
The South American country restructured debt with private creditors in 2020, reaching an 'Extended Facilities' agreement with the International Monetary Fund (Subscribe to our Premium Membership Plan. Already Subscribed? Login Here