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Buenos Aires — Argentina will stand by the 2019 fiscal targets it has agreed to with the International Monetary Fund (IMF) and work to stabilise its currency, which lost 18% of its value last week, new treasury minister Hernan Lacunza said on Tuesday.

Minutes after being sworn in by President Mauricio Macri, Lacunza told reporters the government would stick with the goal of erasing its primary fiscal deficit in 2019, despite a series of spending measures announced last week aimed at spurring growth in the recession- and inflation-racked economy...

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