Which country inked $44bn debt deal with the IMF on Jan 28, 2022?
Correct answer: A. Argentina
- A. Argentina
- B. Brazil
- C. Peru
- D. Columbia
Explanation
Argentina reached an agreement in principle with the IMF over restructuring approximately $44 billion in debt. The deal was intended to replace the country's failed 2018 IMF programme.
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About Global Economy
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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