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

    'We scoured for days without sleeping, just clothes on our backs'

    'We scoured for days without sleeping, just clothes on our backs'

    The Philippines’ Typhoon Haiyan was the strongest storm ever to make landfall. Five years on, we revisit this story.

    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.

    Daughters of al-Shabab

    Daughters of al-Shabab

    What draws Kenyan women to join al-Shabab and what challenges are they facing when they return to their communities?