Which organization did Argentina repay under Kirchner's leadership?
World Bank
International Monetary Fund
United Nations
North American Treasury
Answer
Argentina, under the leadership of Néstor Kirchner, successfully repaid its outstanding debts to the International Monetary Fund (IMF) in 2005, marking a significant milestone in the nation's financial history. Kirchner's bold move to clear its arrears of approximately $10.2 billion demonstrated Argentina's renewed commitment to financial sovereignty and independence, without the constraints of stringent IMF-imposed conditions. This decision set the stage for Argentina's subsequent economic recovery and growth.
Test Your Knowledge: The Legacy of Néstor Kirchner
More Questions
What was repealed and declared unconstitutional during Kirchner's presidency?
In 2005, whose political supremacy did Kirchner's victory signal the end of in Buenos Aires province?
In which operation to release FARC hostages did Kirchner participate?
What post was Kirchner appointed to in 2010?
On what date did Kirchner pass away?
Related Quizzes
Subscribe Now!
Learn something
new everyday
Playing quizzes is free! We send 1 quiz every week to your inbox