Focus on the Most Vulnerable: IMF Asked to Deepen the Decline in Subsidies and Highlighted the Adjustment Made by Argentina
5 Articles
5 Articles
In its report on the Economic Outlook for the Western Hemisphere, the agency recommended preserving progress in reducing energy aid and replacing widespread subsidies.
The International Monetary Fund (IMF) again called on the governments of Latin America not to back down in the reduction of energy subsidies. In its last regional report, it placed Argentina among the countries that made the most progress, along with Bolivia and Ecuador. The recommendation appears in the Economic Outlook report...
The International Monetary Fund (IMF) highlighted Argentina’s progress in reducing energy subsidies and strengthening public debt sustainability. In addition, it anticipated that economic activity could rebound in 2027, driven by the recovery of private investment and consumption, despite the recent indicators of [...]
The agency warned that widespread aid to contain energy increases generates distortions and affects public accounts. It highlighted the progress made by Argentina, Bolivia and Ecuador in eliminating subsidies, although it warned that the rise in oil and food complicates the slowdown in inflation.
The report for the Western Hemisphere highlighted Argentina's progress and anticipated a recovery in activity in 2027, although with inflation still high due to the global energy crisis.
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