Argentina Closing In On Debt Deal, But Hurdles Will Follow

• Fitch Solutions believe Argentina will secure a deal to renegotiate its external debt obligations over the near term.
• Even with a debt deal secured, it is expected that the government's strained relationship with its creditors and lack of a plan to restore economic stability will remain barriers to its market access.
• Additionally, Fitch expects the IMF will push the government to develop a macroeconomic plan before agreeing to any new concessions to assist the government.

(Source: Fitch Solutions)