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In its #IMF talks, #Argentina is seeking a $30 billion credit line, @markets reports, with @NicoDujovne headed to Washington for negotiations. The peso is down 18% this year against the dollar. https://www.bloomberg.com/news/articles/2018-05-08/argentina-said-to-request-30-billion-imf-flexible-credit-line …
All signs point to rapid help from the #IMF, which has expressed support for @mauriciomacri's gradual approach to dramatic economic reform. Today, @Lagarde promised @IMFNews involvement "in short order." #Argentinapic.twitter.com/h4M1sZ8yRb
It helps that the U.S. also appears supportive. In remarks at an @ASCOA conference today, a senior @USTreasury official said, "the Trump administration has been very supportive of President Macri and the economic reform program." #Argentina
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