Argentina agrees to IMF talks aimed at new financing program

Buenos Aires (AFP) – Argentina and the IMF announced Saturday that they have agreed to start talks aimed at reaching a new financing agreement for the heavily indebted South American nation.The announcement in statements by both parties came after a meeting between IMF Managing Director Kristalina Georgieva and Argentine Economy Minister Martin Guzman on the sidelines of a G-20 meeting in Riyadh.The meeting came days after IMF experts concluded that Argentina’s debt is unsustainable.Argentine President Alberto Fernandez hopes to renegotiate $195 billion of its $311 billion foreign debt, includ…

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