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"The International Monetary Fund (IMF) has said it will resume talks about fresh loans for the troubled Argentine economy. "
"Argentine President Eduardo Duhalde's aim is to secure initial loans of $9bn (£6.2bn) which would be used to stabilise the country's economy. "
"Earlier this week, the Fund's Managing Director Horst Koehler said that an agreement could be reached within 45 days."
"The Fund agreed to send a delegation to Argentina next week after finding that the country has complied with the bulk of its demands for economic reforms. "
"The IMF's main conditions were that Argentina would push through:
- changes to its bankruptcy law in an effort to protect creditors
- changes to an economic subversion law in an effort to protect foreign investors
- the implementation of spending cuts by the country's provinces
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