US EditionMichel: "Argentina Owes the Monetary Fund 10% of Its Gdp"
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5 Articles
The former official pointed out that the debt compromises the country and warned about an economic model that limits production. Guillermo Michel, former director of Customs, warned that Argentina owes the IMF 10% of GDP was first published in #BorderJournalism.
“Political loan,” said former Customs Director Guillermo Michel, referring to the million-dollar disbursements that the International Monetary Fund (IMF) made to the national government commanded by President Javier Milei. According to his view, behind the libertarian economic program “there is a decision of the Monetary Fund to accompany the government electorally,” he said. ...
"With the delay of the dollar what is given is the destruction of the Argentine industry," said the former director of Customs. Read more
The former director of Customs, Guillermo Michel, said today that the International Monetary Fund (IMF) is giving "a political loan" to the government to arrive "in the best way to the elections" and questioned the level of debt and the cost it has in the future for the country. "Back from this economic program there is a decision of the Monetary Fund to accompany the government electorally," Michel said in statements to Radio Splendid. He argue…
The International Monetary Fund, IMF, reduced the yardstick for Argentina’s reserve accumulation targets by 2026 in its $20 billion program
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