Argentina’s Caputo, Santa Cruz Govt Agree to Cancel ARS23B Debt

June 4, 2024, 5:21 PM UTC

Argentina Economy Minister Luis Caputo held a meeting with Santa Cruz Governor Claudio Vidal where they signed a deal for anticipated cancellation of ARS23b in debt that the regional government owes to the provincial development fiduciary fund (FFDP), according to a statement.

  • Caputo said Vidal committed to pay gas and electricity debts to the federal govt worth more than ARS20b by year-end, according to the economy ministry statement
  • Meeting included finance secretary Pablo Quirno

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