IMF Argentina / Egypt / Lebanon




21 May 2020


Washington, DC, United States



IMF Argentina / Egypt / Lebanon
Washington, DC – Recent
1. B-ROLL: Exterior IMF

Washington, DC --- 21 May, 2020
2. Walk-up news conference
3. SOUNDBITE: (English) Gerry Rice, IMF Spokesman:
“The Argentine authorities are in active negotiations with private bondholders to restructure the country's sovereign debt. As we have said before, and in line with our longstanding practice for all countries, not just Argentina - these negotiations are a bilateral matter for Argentina and its creditors and do not involve the IMF directly in that process. Again, that's true in every country, not just Argentina. I don't want to speculate here on the outcome of those negotiations between the Argentine authorities and creditors. But what I would say is that we are encouraged by the willingness of both sides to continue discussions to reach an agreement. We continue to hope that an agreement can be found to set the stage for a sustainable path for the Argentine economy going forward.”
4. Cutaway profile
5. SOUNDBITE: (English) Gerry Rice, IMF Spokesman:
“Clearly Covid-19, as in many countries in Egypt, has caused significant disruption to the near-term outlook. The government and the Central Bank of Egypt have responded quickly with a comprehensive package aimed at tackling the health emergency and supporting economic activity. And to support these efforts, the authorities requested financial assistance from the IMF under that rapid financing instrument. The RFI, as well as a more traditional standby arrangement.”
6. Cutaway Reporter
7. SOUNDBITE: (English) Gerry Rice, IMF Spokesman:
“I would characterize the talks thus far as constructive. The IMF staff has been meeting with the Lebanese authorities, trying to better understand their views and their plans to go forward. As I said before, we would characterize the government's economic plan as a good starting point for these discussions. It diagnoses the many economic issues facing Lebanon and proposes a comprehensive set of policies to address them. So the discussions are ongoing. They are taking place virtually.”
8. Cutaway Wideshot

Washington, DC – Recent
9. B-ROLL: Exterior IMF
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  • Brian Walker
    Media Relations Officer
    United States
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