The ‘Day D’ that must avoid the agreement with the IMF and the lesson of Brazil to float with bands

Clearing the expectation of a currency leap will be, for IERAL, one of the keys to measuring the success of the agreement that Argentina negotiates with the International Monetary Fund (IMF). Beyond the amount and timing of disbursements that arrive in the country as part of a new Extended Facilities program, from IERAL–Mediterranean Foundation considered it crucial that the agreement succeeds in avoiding the expectation of a ‘D Day’ exchange ra…

The country faces a permanent lack of dollars that forces it to resort repeatedly to the Fund. Other sources of financing, such as exports, investments and debt markets, fail to meet its needs. Why are we going back, time and again, to the IMF? Because the demand for dollars exceeds the supply and we fail to find other sources of financing. Let’s go with some numbers and ideas to understand why this international anomaly is transforming into a l…

Guilds of the CGT, the CTAs and social and political organizations questioned Javier Milei’s UND that seeks to bypass the legislative process for a new debt with the IMF. “This we saw in Mauricio Macri’s time” assured and signaled Trump’s role on both occasions. “The indebtedness with the IMF will only cause a greater impoverishment of our people.” Union, social, political and human rights organizations rejected what they described as “the gover…

The economists of the Mediterranean Foundation evaluated the future of the economy in the middle of an election year and in view of the new agreement with the International Monetary Fund.