Argentine Economy Minister Sergio Massa is running for president amid Buenos Aires negotiations on a $44 billion loan with the International Monetary Fund (IMF).
This issue creates a problem for the IMF amid efforts to formulate an economic program and a payment plan without affecting Argentina’s presidential campaign.
Argentina, Latin America’s second-largest economy, is on the brink of recession amid high inflation and currency depreciation.
Argentine officials and International Monetary Fund negotiators are meeting in Washington this week to discuss a new $44 billion loan.
