## Press Release: IMF Executive Board Extends Argentina's Repayment Expectations

_IMF News, September 17, 2004_

## Source details

**Canonical URL:** [Press Release: IMF Executive Board Extends Argentina's Repayment Expectations](https://www.imf.org/en/news/articles/2015/09/14/01/49/pr04196)

## Other formats

- [Markdown version](/en/news/articles/2015/09/14/01/49/pr04196/index.md)
- [Structured JSON version](/en/news/articles/2015/09/14/01/49/pr04196/index.json)
- [Bundle manifest](/en/news/articles/2015/09/14/01/49/pr04196/bundle-manifest.json)

## Bibliographic details
- Published: September 17, 2004

---

### Decision
- Press Release No. 04/196
- Date: September 17, 2004
- The IMF Executive Board extended Argentina's repayment expectations for a four-month period.

### Rationale and policy basis
- "IMF policy on repayment expectations allows for such extension where the member's external position is not sufficiently strong for it to repay early without undue hardship or risk."
- "Because a decision to approve an extension of repayment expectations is a technical one, it is not based on an assessment of the authorities' economic program."

### Obligations and commitments
- "During the four-month period in question, Argentina will still face obligations to the Fund of about SDR 1 billion (about US$1.46 billion)."
- "The authorities are committed to remaining current in payments to the Fund."

### Recommendations and next steps
- "Argentina was urged to decisively address all the outstanding structural issues in their program, and to complete a comprehensive and sustainable debt restructuring."
- "Contacts between the IMF and the authorities on the policy framework going forward will continue."

### Contact information
- IMF EXTERNAL RELATIONS DEPARTMENT
- Public Affairs / Media Relations
- E-mail: publicaffairs@imf.org
- E-mail: media@imf.org
- Fax: 202-623-6278
- Phone: 202-623-7100

*Press Release: IMF Executive Board Extends Argentina's Repayment Expectations (Press Release No. 04/196, September 17, 2004).*

---


## References

- [Argentina and the IMF](http://www.imf.org/external/country/ARG/index.htm)
- [Press Releases](https://www.imf.org/en/news/searchnews)
- [PRESS CENTER](http://presscenter.imf.org/)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2015/09/14/01/49/pr04196_