Argentina is one of the world’s serial defaulters, having failed to meet its international debt obligations nine times. This time, insists economy minister Luis Caputo, will be different.
Mired in recession and short of dollars, the South American nation is due to pay more than $14bn to bondholders and multilateral lenders in 2025. Could there be another default?
“Of course not, never,” the former Wall Street trader tells the Financial Times in a joint interview at the presidential palace with President Javier Milei. “Our commitment to pay our creditors is absolute, total.”
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