BUENOS AIRES, Feb 4 (Reuters) - Argentina's Economy Minister Martin Guzman met the head of the International Monetary Fund Kristalina Georgieva for two-and-a-half hours on Tuesday to discuss the country's economic emergency, the ministry said.
The financially troubled South American country is revamping its debt as the government tries to jump-start growth while inflation soars above 50%.
"We will continue our conversations with the fund, in a framework of growing mutual understanding," Guzman said in the statement, adding that talks included "policies to resolve Argentina's sovereign debt crisis in a sustainable way."
The meeting took place in Rome, ahead of an economists' conference at the Vatican scheduled for Wednesday.
"We agreed to continue deepening our dialog next week, when a technical mission from the IMF will visit Argentina," Guzman said, calling Tuesday's meeting "very constructive."
Buenos Aires province narrowly averted default earlier in the day, saying it would make a $277 million payment on a 2021 bond after creditors declined a last-minute appeal to delay it.
(Reporting by Hugh Bronstein and Walter Bianchi; Editing by Sam Holmes)