Name: Argentina: 'We Don’t Have the Money to Pay' IMF Debt
Uploaded: 2021-03-26T22:30:41.000Z
Description: Argentina says it's going to default on its debt again. Argentina's president says they just don't have the money to pay off the $45 billion debt to the International Monetary Fund (IMF). They're not saying they're not going to pay the debt—they just don't have the money to pay, so they want to negotiate better terms with the IMF.

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Argentina says it's going to default on its debt again. Argentina's president says they just don't have the money to pay off the $45 billion debt to the International Monetary Fund (IMF). They're not saying they're not going to pay the debt—they just don't have the money to pay, so they want to negotiate better terms with the IMF.

Fergus Hodgson is the founder of Econ Americas, an economic intelligence firm with a special interest in South America. He says Argentina restructured its debt just last year. NTD asked him if they followed the new terms.

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