The Finance Minister of Argentina is set to meet with members of the IMF to discuss financial aid to "avoid a crisis". Recently interest rates hit 40% and President Mauricio Macri says that aid from the IMF will help prevent a financial crisis in Argentina. This comes 12 years after Argentina "severed ties," with the IMF. Recently Argentina had talked to the IMF and they are working on an agreement together. Bloomberg recently reported that Argentina is asking for $30 billion but the Argentina government declined that comment. We will have to see how this turns out for both Argentina and the IMF.
I don't know much about Argentina and the Argentinian government. I think I might do some research into what may have lead the country into such a financial crisis.
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