As many wonder about the economic future of Argentina, foreign affairs minister Jorge Faurie remains optimistic.
Argentina’s currency crisis earlier in 2018 forced the government to request assistance from the International Monetary Fund (IMF) as a precautionary measure to ensure it would meet its foreign debt obligations. But as things deteriorated, the bailout programme ballooned to $57bn – the IMF’s largest ever. It stopped being precautionary and became discretional, meaning the funds can all be used to finance the budget as and when needed.