IMF Urges Milei to Turn Stabilisation Gains Into Jobs and Investment
13 Articles
13 Articles
The IMF urges Argentina to “stay the course” despite doubts over growth and country risk
The International Monetary Fund (IMF) on Thursday urged Argentina’s government to stick with its economic programme as the best way to reduce country risk, and set out four measures to turn the gains of stabilisation into growth and jobs, at a time when the press is warning of a possible technical recession.
Agency spokeswoman Julie Kozack said the economy must aim for "stronger growth and employment generation."They include a boost to credit, road concessions and more labor flexibility.
The agency said on Thursday that in talks with the Argentine authorities, measures were agreed to “encourage” growth and “support domestic demand.”
The International Monetary Fund (IMF) recommended that Javier Milei’s government extend its stabilization plan to other sectors and strengthen the reserves of the Central Bank (BCRA), in order to avoid shocks in the midst of the escalation of risk country that exceeds 750 points. The recommendation came from the spokesperson of the ... Read more
The International Monetary Fund (IMF) agreed with the national government on four lines of action to boost economic growth and job creation, in a context in which stabilization still faces the challenge of translating itself into greater activity. The agenda includes measures to expand financing, promote private contracting, implement [...]
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