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April 21, 2014
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Gov't signs debt restructuring deal with 18 provinces

National government officials today met with provincial governors to sign a deal whoch will refinance the debts of 18 provinces every three months.

"This system of financial coordination and information will allow us to have a better coordination regarding fiscal and public policies affairs," Cabinet Chief Jorge Capitanich said after signing the deals.

The accord involves the “refinancing of debts that will be valid for three renewable months through a compensation system and input from the national Treasury.”


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Tags:  Capitanich  deal  debt  provinces  Argentina  


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