## IMF Spokesperson Statement on Argentina

_IMF News, December 12, 2023_

## Source details

**Canonical URL:** [IMF Spokesperson Statement on Argentina](https://www.imf.org/en/news/articles/2023/12/12/pr23441-imf-spokesperson-statement-on-argentina)

## Other formats

- [Markdown version](/en/news/articles/2023/12/12/pr23441-imf-spokesperson-statement-on-argentina/index.md)
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## Bibliographic details
- Published: December 12, 2023

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### Summary
- Press Release No. 23/441
- Date: December 12, 2023
- Issued by: IMF Communications Department; statement delivered by Julie Kozack, Director of Communications at the International Monetary Fund (IMF).
- Core message (direct quote): “IMF staff welcome the measures announced earlier today by Argentina’s new Economy Minister, Luis Caputo. These bold initial actions aim to significantly improve public finances in a manner that protects the most vulnerable in society and strengthen the foreign exchange regime. Their decisive implementation will help stabilize the economy and set the basis for more sustainable and private-sector led growth."

### Key findings and aims
- The announced measures are characterized as "bold initial actions."
- Policy aims stated:
  - Significantly improve public finances.
  - Protect the most vulnerable in society.
  - Strengthen the foreign exchange regime.
  - Stabilize the economy.
  - Set the basis for more sustainable and private-sector led growth.
- IMF view on prospects: The package "provides a good foundation for further discussions to bring the existing Fund-supported program back on track."

### Implementation and next steps
- IMF staff and the new Argentine authorities will "work expeditiously in the period ahead."
- Emphasis on "decisive implementation" of the measures to achieve stabilization and a basis for private-sector led growth.
- Context note (direct quote): "Following serious policy setbacks over the past few months, this new package provides a good foundation for further discussions..."

### Media and contact information
- MEDIA RELATIONS / PRESS OFFICER: Maria Candia Romano
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
- Social: @IMFSpokesperson

*IMF Communications Department — December 12, 2023.*

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## References

- [Argentina and the IMF](http://www.imf.org/external/country/ARG/index.htm)
- [Press Releases](https://www.imf.org/en/news/searchnews)
- [PRESS CENTER](http://presscenter.imf.org/)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2023/12/12/pr23441-imf-spokesperson-statement-on-argentina_