(Energy Analytics Institute, 11.Nov.2020) — Briefs on Argentina and Chile related to IMF officials in Argentina to renegotiate around $44bn in debt and tensions rise in Chile over pension reform.
IMF In Argentina To Renegotiate $44bn In Debt
(Energy Analytics Institute, 11.Nov.2020) — Officials with the International Monetary Fund (IMF) are said back in Argentina to renegotiate around $44bn in debt.
Argentina has total debt of $325.6bn, which represents around 95.4% of gross domestic product (GDP). An estimated $73.7bn of the debt or 23% is with multilateral and bilateral groups, according to reports by online media France24.
Tensions In Chile Over Pension Reform
(Energy Analytics Institute, 11.Nov.2020) — Chilean protestors have taken to the streets of the South American country once more over a pension reform which would allow them to withdraw 10% of their pensions.
Chileans can make minimum pension withdrawals of $1,325 and a maximum of $5,697 in a one time transaction within 30 days, according to details reported by online media France24.
__________
By Aaron Simonsky. © Energy Analytics Institute (EAI). All Rights Reserved.
