Argentina: Third Review Under the Stand-By Arrangement, Request for Waivers and Modification of the Program

June 18, 2001

Preview Citation

Format: Chicago

Argentina: Third Review Under the Stand-By Arrangement, Request for Waivers and Modification of the Program, (USA: International Monetary Fund, 2001) accessed September 18, 2024

Summary

In 2000, economic activity declined by 0.5 percent, reflecting an 8 percent drop in investment spending. All rated banks, many corporate, several provinces, and the city of Buenos Aires were also downgraded on concerns about growth and the difficult fiscal situation. The performance in regard to structural reforms under the program was uneven. The authorities designed and started the national tax audit plan. Consumer prices are likely to remain broadly unchanged reflecting the still large output gap and the continued high unemployment.

Subject: Banking, Debt service, Economic sectors, Expenditure, External debt, Public debt, Public sector

Keywords: Argentina review, Argentina's stand-by credit, Convertibility regime, CR, Debt service, Debt service, Foreign direct investment, ISCR, Managing director of the IMF, Public sector, Regime, SDR

Publication Details

Pages:

42
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/090
Stock No:

1ARGEA0022001
ISBN:

9781451801323
ISSN:

1934-7685

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