Argentina, IMF Strike New Debt Deal; Peru’s Interior Minister Resigns

A roundup of Friday’s news from across Latin America

January 28, 2022 | 07:30 PM

Bloomberg Línea — Argentina has reached a new agreement with the International Monetary Fund regarding the repayment of the country’s more than $40-billion debt, payments on which were due this week. The full terms of the agreement were not disclosed, but are dependent on the government sustaining the country’s economic growth.

Peru’s Interior Minister Avelino Guillén has resigned, representing another blow to President Pedro Castillo, who has seen multiple changes to his cabinet since taking office in July 2021. Guillén is the third interior minister to abandon the cabinet, while other departures have included prime minister Guido Bellido, who left the post in October.

Following is a roundup of Friday’s news from Bloomberg Línea and Bloomberg reporters across Latin America.


Argentina's President Alberto Fernández. Photo: Sarah Pabst/Bloomberg





  • The Chamber of Commerce, Industries and Agriculture of Panama has called for the agreement reached between Canadian company First Quantum Minerals (TSX) and the Panamanian government on the increase of royalty payments not be used for political benefit.


  • Avelino Guillén resigned as Interior Minister after President Pedro Castillo failed to support him in a dispute with the commander of the National Police. Guillén is the third interior minister to leave the post since Castillo took office in July 2021, and one of several ministers to have abandoned the cabinet, including Castillo’s first prime minister Guido Bellido, who resigned in October.
Avelino Guillén has resigned as Peruvian interior minister

This is how the region’s markets closed on Friday, January 28: