January 24, 2018
Thursday, May 29, 2014

Argentina will turn to int'l funding 'for the future of Argentines'

President Kirchner praised the agreement reached with Paris Club creditors and said that the government will now turn to international credit markets to finance “infrastructure, development, and technology.”

“It is a very important day for Argentina, with the Paris Club agreement over the debt and the invitation to the BRICS summit in Brazil,” the President tweeted today.

“The financing that we will obtain will not be spent –as it has been in past decades- on the great financial casino,” she stated, “Funds for infrastructure, development, technology and for the future of all Argentines.”

The President also tweeted about Russian Foreign Minister Sergei Lavorv’s formal invitation to Argentina to attend BRICS summit to be held in Brazil in July and specified that the bloc represents 25% of the global GDP and 43% of the world’s population.

“Let me tell you. The BRICS are: Brazil, Russia, India, China and South Africa. Yesterday, our country was invited to its summit in July,” she wrote. “Our country, not this President, not for tea and scones as some very, very, very small headlines seem to suggest.”

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Tags:  CFK  Paris Club  agreement  financial markets  financing  Argentina  

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