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Argentina: Hundreds Protest Against Government Deal With IMF

Scores of demonstrators gather outside the Congress in Buenos Aires, Argentina Wednesday to protest President Mauricio Macri's decision to request budgetary financing of US$30 billion from the International Monetary Fund (IMF). As the volatility of the peso
continues with the currency hitting new lows Wednesday Argentines fear a financial crisis similar to the one, which affected the country in 2001 and left one in every five Argentines without a job.
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A woman holds a sign that reads "No to the IMF" (International Monetary Fund) during a protest outside the Congress in Buenos Aires, Argentina May 9, 2018.
A woman holds a sign that reads "No to the IMF" (International Monetary Fund) during a protest outside the Congress in Buenos Aires, Argentina May 9, 2018.
The block of deputies of the Peronist-Kirchnerist alliance Frente para la Victoria (Front for Victory) criticized the decision of the Argentine President Mauricio Macri to request a financing for US$30 billion from the International Monetary Fund (IMF).
The block of deputies of the Peronist-Kirchnerist alliance Frente para la Victoria (Front for Victory) criticized the decision of the Argentine President Mauricio Macri to request a financing for US$30 billion from the International Monetary Fund (IMF).
The IMF-induced crisis left one in five Argentines without a job, while the country
The IMF-induced crisis left one in five Argentines without a job, while the country's peso, which was tied to the dollar at the time, lost two-thirds of its value and banks froze deposits. Protests engulfed the country in which at least 20 people were killed. In just two weeks, the country had five successive presidents.
An activist of Workers Party holds a sign with a photo of International Monetary Fund (IMF) Managing Director Christine Lagarde and Argentine President Mauricio Macri during a protest outside the Congress in Buenos Aires, Argentina May 9, 2018.
An activist of Workers Party holds a sign with a photo of International Monetary Fund (IMF) Managing Director Christine Lagarde and Argentine President Mauricio Macri during a protest outside the Congress in Buenos Aires, Argentina May 9, 2018.
The new IMF loan will include severe conditions, in case the government asks for funds to finance the deficit until 2019.
The new IMF loan will include severe conditions, in case the government asks for funds to finance the deficit until 2019.
Demonstrators march during a protest against the economic measures taken by Argentine President Mauricio Macri
Demonstrators march during a protest against the economic measures taken by Argentine President Mauricio Macri's government in Buenos Aires' financial district, Argentina May 9, 2018.
Published 9 May 2018
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