September 4, 2018 / 11:54 PM / 2 months ago

Progress made toward strengthening Argentina program: IMF's Lagarde

International Monetary Fund (IMF) Managing Director Christine Lagarde greets Argentine Treasury Minister Nicolas Dujovne at the IMF in Washington, U.S., September 4, 2018. Jose Luis Magana/Pool via REUTERS

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

“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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