Argentina on the brink – again, The role of infrastructure in the Covid recovery
Thursday 8 October 2020 – Vol.11 Ed.41.4
Commentary: Argentina on the brink – again
By Pablo Guidotti in Buenos Aires
In August, Argentina reached a debt-restructuring deal with private creditors to end its ninth default. But since then, prices of the newly issued government bonds have plummeted and country risk has soared. The country depends heavily on the resumption of economic growth to start reducing its public debt burden. The IMF and its major shareholders have an opportunity to help Buenos Aires adopt comprehensive reforms. If this chance is lost, Argentina may well be headed for its 10th default.
Read the full commentary on the website.
Podcast: Infrastructure and Covid recovery
From transport systems to water, and sanitation to electricity, infrastructure plays a key role in the economy, environment and social development. Seth Tan, executive director of Infrastructure Asia, and Neil Saravanamuttoo, chief economist of the Global Infrastructure Hub, discuss the G20’s infrastructure agenda and how to promote sustainable, inclusive and resilient infrastructure globally.
Listen to the recording, or search ‘OMFIF’ on your smartphone’s podcast app.
