US Treasury secretary Scott Bessent said Washington would arrange a $20bn package to help Argentina make debt repayments, as Donald Trump’s administration seeks to end a market crisis roiling libertarian President Javier Milei.
Bessent said the “private-sector solution to Argentina’s upcoming debt payments”, would be funded by private banks and sovereign wealth funds, adding “many” had expressed interest in participating.
“It’s not that nascent. We’ve actually been working on it for weeks,” he said in Washington.
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