The Macri government in 2018 contracted a debt with the Fund for a total amount of US $ 57.1 billion, accepting a higher interest rate for having received an amount that exceeded its quota within the multilateral organization.
“The ex-post evaluation was conceived as a mechanism to draw lessons after an exceptional access agreement is completed.”, such as the loan for US $ 57,000 million that Macri signed, but which was finally granted about US $ 45,000 million.
This was indicated weeks ago by an IMF spokesperson to Télam, who explained that, in this way, “for countries where a new subsequent program is contemplated, it is desirable to complete the ex-post evaluation before the Executive Board considers it.”
It is, on the other hand, an express request from President Alberto Fernández, who, in order to sign a next agreement, expressed on several occasions the need to evaluate the mistakes made, including that it would have been a loan with a clear political overtone, within the framework of the reelection project of the management of Cambiemos, today Juntos por el Cambio.
Source From: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
