By Rodrigo Campos

NEW YORK (Reuters), Argentine Economy minister Martin Guzman met private investors in New York Friday and, according to reports, he focused on establishing a “roadmap for” the troubled country’s economy outlook.

Juan Manzur (Argentine Cabinet Chief) attended the meeting. It was held after a crucial meeting with IMF officials to talk about a revised deal for $45 billion in payments.

The meeting on Friday focused on Argentina’s economy, with recent talks with IMF and an overview of the political situation. Before a significant debt restructuring, Argentina defaulted last year to its private creditors.

Guzman provided what one attendee described as a “roadmap” to make Argentina’s economic growth steady and prevent volatility. Investors have complained for years about a lackluster economic plan. They’ve been wracked by currency, inflation and debt crises throughout Argentina in recent decades.

This meeting took place days after Guzman had met Kristalina Georgieva from the IMF, and they agreed to keep working together on developing credible loans programs.

The IMF and Argentina have been working for several months to negotiate a new program. This is to replace the 2018 deal that was struck. It failed, leaving Argentina as the biggest Fund borrower and with debts in excess of $45 billion. Argentina pledged that a new deal would be in place no later than March.

Argentina had a debt restructuring process that saw it restructure $65billion with creditors international. But, the distressed prices of the bonds are causing concern among investors about Argentina’s future economic prospects.

The Argentine Dollar Bond Prices were unchanged on Friday. They traded between 32 to 39 Cents per dollar along the curve.

Argentina’s peso currency lost 15% due to capital controls. However, these restrictions have caused a large gap between prices on popular exchange markets and the official rate.

Inflation is also a problem in South America, with 52% annual increases.