Argentina is ready to move forward, but international consensus is still missing

Argentina is ready to move forward, but international consensus is still missing

The head of the economic portfolio said that “With the staff (of the IMF) understandings have been built that today are profound.” However still “It is necessary to obtain all the international consensus, which is necessary to be able to have an agreement between both parties”, remarked.

“The Argentine Government has full interest in closing an agreement as quickly as possible based on an economic policy scheme that will allow the country to continue on the path of recovery and reduction of inflation”, stated the Minister.

Guzmán also referred to the evaluation made by the international organization on the record credit granted to the Government of Mauricio Macri. “There was deep self-criticism from the IMF in the post-program evaluation. The IMF acknowledges that the 2018 program failed and did not meet any of its objectives. Directors supported this evaluation, but there were some cases in which, on the part of shareholders , a full understanding was not reached “said the official.

“This post-program evaluation provides lessons, and it is very important to accelerate the process of understanding these lessons in order to advance in a new program that respects the idiosyncrasies of Argentina,” he emphasized.

Source From: Ambito

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