September 4, 2018 / 11:44 PM / in 2 months

Progress made towards strengthening Argentina program - IMF's Lagarde

WASHINGTON (Reuters) - International Monetary Fund Managing Director Christine Lagarde said on Tuesday that she and Argentina’s Finance Minister made progress towards strengthening the IMF-backed program for Argentina in the face of market volatility.

FILE PHOTO: International Monetary Fund (IMF) Managing Director Christine Lagarde attends a news conference in Buenos Aires, Argentina, July 21, 2018. REUTERS/Martin Acosta

“Our discussions will now continue at a technical level and, as stated before, our common objective is to reach a rapid conclusion to present a proposal to the IMF Executive Board,” Lagarde said after meeting with Argentine Finance Minister Nicolas Dujovne and central bank deputy governor Gustavo Cañonero.

Reporting by David Lawder; editing by Grant McCool

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