Breakingviews - Argentina and the IMF: Hope trumps experience

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Breakingviews - Argentina and the IMF: Hope trumps experience
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Argentina and the International Monetary Fund on Thursday agreed a $45 billion deal to roll over 2018’s infamous $57 billion credit line. If approved, it will come in the nick of time for a deadline for repayments that Buenos Aires would otherwise have struggled to make.

Argentina's President Alberto Fernandez speaks at the opening session of the legislative term for 2022 at the National Congress in Buenos Aires, Argentina March 1, 2022. Juan Ignacio Roncoroni/Pool via REUTERSNEW YORK, March 4 - Argentina and the International Monetary Fund on Thursday agreed a $45 billion

to roll over 2018’s infamous $57 billion credit line. If approved, it will come in the nick of time for a deadline for repayments that Buenos Aires would otherwise have struggled to make. This time, the IMF says, is different. The policy requirements the Argentine government is agreeing to are

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