Argentina agrees deal to restructure crippling debt payments

ARGENTINA clinched a watershed debt rollover deal with the International Monetary Fund (IMF) on Thursday after a year of tortuous negotiations, gaining breathing space to find a way out of its worst ever financial crisis.

Sat, 18 Jan, 2003 - 00:00

Simon Gardner and Mark Egan

The IMF said its board would review the accord in the next few days.

The short-term deal involves a roll-over $6.6bn in debt which Argentina owes the fund .

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