Argentina won't repay IMF debt till recession over, VP Fernandez say

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Argentina won't repay IMF debt till recession over, VP Fernandez say
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Argentine Vice President Cristina Fernandez de Kirchner said on Saturday that th...

Argentine Vice-President and President of the Senate Cristina Fernandez de Kirchner speaks during the Havana's International Book Fair, in Havana, Cuba, February 8, 2020. Ismael Francisco/Pool via REUTERS

“The first thing we have to do in order to be able to pay is to exit the recession,” Fernandez de Kirchner said at a presentation of her book “Sinceramente” at Havana’s international book fair. Argentina needs to restructure $100 billion in sovereign debt with creditors, including part of a $57 billion credit facility that the IMF extended the country in 2018.

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