IMF says fully engaged in talks with Argentina, relationship not on hold

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IMF says fully engaged in talks with Argentina, relationship not on hold
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The International Monetary Fund on Thursday said it remained fully engaged in di...

WASHINGTON - The International Monetary Fund on Thursday said it remained fully engaged in discussions with Argentina and in helping the country get on a path to long-term growth and stability.

He said there was no deadline for the IMF to make an expected $5.4 billion disbursement from its $57 billion bailout program for Argentina, its largest ever such credit facility, but said it was not uncommon for disbursements to be delayed. IMF support is key for Argentina, where jittery markets have temporarily stabilized ahead of the October election but strains are starting to appear.

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