|
The International Monetary Fund's top Western Hemisphere official said on Saturday that Latin American economies were "bottoming out" from last year's declines and he was optimistic on Argentina's chances for a new aid package.
"We have seen more evidence that the economic declines are bottoming out," said Anoop Singh at a press conference. "Our overall sense is one of cautious optimism."
In an unusual sign that an IMF agreement with Argentina is closer than previously thought, Singh said: "Argentina's situation is now starting to improve, and we are hopeful that the next stage of developing a sustainable medium-term program is close at hand".
9:35:30 AM Google It! 
|
