Press Room
 

FROM THE OFFICE OF PUBLIC AFFAIRS

November 2, 2001
PO756-

Statement of the G-7 Finance Ministers

President de la Rua and Minister Cavallo announced last night a package intended to improve their country's economy. It is important for Argentina to return to an economically sustainable path.

The announcement includes Argentina's plan to reduce the cost of their debt. We are pleased that Argentina is taking the initiative.