Getting your Trinity Audio player ready...
An IMF mission wrapped up a 10-day visit to Buenos Aires on Friday saying it would continue negotiations on aid, but President Eduardo Duhalde said he could not yet meet all the IMF’s demands for spending cuts.
With Argentina desperate for billions of dollars in aid to help pull it out of an economic crisis, International Monetary Fund officials have said Argentina must do more to win aid, including stopping cash-strapped provinces from printing their own currencies.
Duhalde had been given a 10-point list of demands by the IMF to cut spending and restore investor confidence .
He made it clear Friday he could not deliver on all the demands immediately, saying that some “are impossible to implement” at this time.
