Argentina's economic reform, an example to the world

Argentina's economic reform, an example to the world

International Monetary Fund (IMF) Managing Director Kristalina Georgieva expressed once again her support for Argentina's economic policies following an encounter with Argentine Economy Minister Luis Toto Caputo during the IMF and World Bank Spring Meetings in Washington.

WASHINGTON.- The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, provided a briefing this morning on the global policy agenda, in which she spoke about the challenges of the Argentine economic plan following the agreement with the organization. She said that “Argentina demonstrated that this time it is different, and that it demonstrated a decision to straighten its economy,” and warned that “it faces the risks …

The holder of the multilateral credit agency praised the progress of the economic adjustment programme, during a press conference that she offered in the framework of the Fund’s spring sessions. She also referred to the October legislative elections, in subtly demanding that “the will for change should not be derailed”

“Argentina has demonstrated that this time it is different”, but it must “stay the course,” said Kristalina Georgieva, managing director of the International Monetary Fund (IMF), referring to the economic reform program of the ultra-liberal president Javier Milei. Argentina agreed with the international financial organization on a loan of 20 billion dollars (R$ 113.7 billion, at the current exchange rate), of which it has already received US$ 12…

Argentina's actions took a break this Thursday after strong previous profits, despite the optimism of investors after the elimination of the exchange rate quota and the good international climate generated by Donald Trump's signals regarding the easing of import tariffs.The S&P Merval index, which operated with increases of up to 3.5% during much of the day, ended with a fall of 0.3% compared to the previous closure and with disparity in the act…

The head of the IMF defended the new cycle of indebtedness, repeated the arguments of the libertarian government and even encouraged an electoral comment. Among other things, she said that the current administration has a “will for change” different from the previous ones and celebrated that “the state is withdrawing from where it should not be.”