BUENOS AIRES, Feb 5, 2022 (BSS/AFP) - Argentina on Friday paid $370 million
to the IMF as interest on a $44 billion debt that was rescheduled late last
month, officials said.

   The Central Bank's bulletin showed international reserves of $37.18
billion at the end of the day, a difference from the day before corresponding
to the amount paid out Friday.  It was the second payment of the year by
Argentina, after a transfer of approximately $700 million last Friday, the
day that the rescheduling announcement was announced.

   Argentina and the IMF announced a week ago an agreement in principle on a
renegotiation of the country's $44 billion debt in return for economic
reforms.

   Under the new deal, Argentina has committed to progressively reducing its
fiscal deficit from three percent of GDP in 2021 to 0.9 percent in 2024.

   The gradual reduction -- to 2.5 percent in 2022 and 1.9 percent in 2023 --
would "not prevent the recovery" of the economy, Economy Minister Martin
Guzman said last week.