Gita Gopinath celebrated the US monetary aid, but emphasized the tasks that Argentina must fulfill meanwhile, so that the program has a lasting success.
The former two of the International Monetary Fund (IMF), GOPINATH GITAcelebrated US salvage to the country, but warned that Argentina in the meantime more flexible the exchange scheme, add reserving and obtaining political support for structural reforms.
“American support undoubtedly helps prevent speculative exchange fluctuations. However, Durable progress will require Argentina to adopt a more flexible exchange regime, accumulate reservations and generate support for its reforms internally“He published in his X account who knew how to be a deputy manager and chief economist of the IMF until August of this year.
In this way, Gopinath coincides with many local economists who are suggested to the economic team for months ago to modify the band regime and learn from the mistakes of the past, in reference to the decision not to buy dollars when the exchange rate was closer to the band’s floor.
News in development.-
Source: Ambito
