June 4, 2018 / 12:44 PM / 6 months ago

IMF says talks with Argentina for financing plan are 'well advanced'

BUENOS AIRES, June 4 (Reuters) - Talks between Argentina and the International Monetary Fund (IMF) for a financing plan are “well advanced,” the Fund’s Western Hemisphere director, Alejandro Werner, said in a statement on Monday.

“This will be a plan driven by the Argentine government’s priorities, with a particular focus on protecting the most vulnerable, and strengthening the local economy in light of the recent financial market turbulence,” Werner said. (Reporting by Luc Cohen Editing by Chizu Nomiyama)

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