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G8 Finance Ministers' Meetings

Statement of the G7 Finance Ministers
November 2, 2001

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.

Source: U.S. Treasury.

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