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Argentina begins to pay off debt to Paris Club

In May, the government agreed on “final settlement” of the domestic debt to the Paris Club that had amassed because of a massive economic crisis in Argentina

BUENOS AIRES, July 29. /ITAR-TASS/. Argentina has made the first payment for $642 million to settle the debt to the Paris Club of public lenders bringing together 19 highly industrialized countries. The debt totals $9.7 billion including interest rate, Argentine Ministry of Economy said.