IMF board to meet March 25 over Argentina debt deal: statement

WASHINGTON (Reuters) – The Worldwide Financial Fund’s government board will meet on March 25 to debate Argentina’s request for a debt deal, an IMF spokesman stated on Saturday.

Argentina’s Senate voted on Thursday to approve a $45 billion debt take care of the IMF, changing the settlement into regulation and guaranteeing that the economically battered nation can keep away from one other messy default.

The deal nonetheless must be signed off by the IMF’s board. The IMF spokesman, Gerry Rice, stated in an announcement that “the legislative approval is a crucial sign that Argentina is dedicated to insurance policies that may encourage extra sustainable and inclusive development.”

(Reporting by Rami Ayyub; modifying by Jonathan Oatis)