BUENOS AIRES, Argentina (AP) — Argentina's president is celebrating the successful hosting of the G-20 summit, but he says he's ready for tough times ahead as the country confronts an economic crisis.
Macri told The Associated Press in an interview Monday that Argentina struck about $8 billion in investment deals with other nations on the sidelines of the summit — most focused on energy and infrastructure.
Argentina earlier obtained a record $56 billion loan from the International Monetary Fund.
But Macri said that Argentina has a long way to go in dealing with its economic crisis following a sharp depreciation of the Argentine currency that he called a "disaster."
The peso has depreciated by about half this year and the country suffers one of the world's highest inflation rates.
Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.
