IMF gives Argentina $57bn emergency loan

The loan comes with stringent conditions, including a commitment to a zero deficit for 2019.

by

    President Mauricio Macri has warned Argentinians that meeting the terms of a new International Monetary Fund loan will be painful.

    The emergency loan aims to shore up the country's finances and it comes with tough conditions.

     

    Al Jazeera's Teresa Bo reports.


    YOU MIGHT ALSO LIKE

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Interactive: Coding like a girl

    Interactive: Coding like a girl

    What obstacles do young women in technology have to overcome to achieve their dreams? Play this retro game to find out.

    The War in October: What Happened in 1973?

    The War in October: What Happened in 1973?

    Al Jazeera examines three weeks of war from which both Arabs and Israelis claimed to emerge victorious.