BUENOS AIRES (Reuters) – Argentina’s government said on Monday that it would widen an economic aid package to counter the impact of coronavirus to 850 billion pesos ($12.9 billion), equivalent to around 2.9% of the country’s gross domestic product.
The South American country, currently embroiled in tense negotiations with creditors to restrucuture its foreign debts, has been struggling to claw itself out of recession, which is expected to deepen this year due to the pandemic.
(Reporting by Adam Jourdan)