{
  "title": "Argentina: Second Review Under the Stand-By Arrangement and Request for Augmentation",
  "publication": "IMF Staff Country Reports, January 26, 2001",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/argentina-second-review-under-the-stand-by-arrangement-and-request-for-augmentation-3903",
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  "summary": "The review focuses on fiscal consolidation and on structural reforms to improve productivity and competitiveness in the economy. The continuing recession hindered the implementation of the fiscal program for 2000.",
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    {
      "heading": "Overview and Purpose",
      "content": "- Review focuses on fiscal consolidation and on structural reforms to improve productivity and competitiveness in the economy.\n- The continuing recession hindered the implementation of the fiscal program for 2000.\n- Authorities recognize the importance of reassuring domestic and foreign investors about their commitment to medium-term fiscal attainability.\n- Authorities responded to adverse developments by strengthening the growth orientation of their economic program through measures aimed at:\n  - promoting a recovery of investment, and\n  - accelerating implementation of structural reforms."
    },
    {
      "heading": "Key Findings and Assessment",
      "content": "- Fiscal program implementation was hindered by the ongoing recession in 2000.\n- Restoring investor confidence (domestic and foreign) is central to medium-term fiscal attainability.\n- A growth-oriented adjustment was adopted, combining measures to stimulate investment with accelerated structural reforms."
    },
    {
      "heading": "Subject Areas and Keywords",
      "content": "- Subject: Economic sectors, Expenditure, External debt, Public debt, Public sector, Revenue administration\n- Keywords: Argentina's position, CR, financial support, financial support package, IMF support, ISCR, lowering of interest rates, market confidence, private sector, Public sector, SDR, stand-by credit\n\n---\n\n Content in this bundle\n\n- cr0126\n  - cr0126 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr0126 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Authors: Arrangement, Request",
    "Published: January 26, 2001",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451801286.002",
    "Review focuses on fiscal consolidation and on structural reforms to improve productivity and competitiveness in the economy.",
    "The continuing recession hindered the implementation of the fiscal program for 2000.",
    "Authorities recognize the importance of reassuring domestic and foreign investors about their commitment to medium-term fiscal attainability.",
    "Authorities responded to adverse developments by strengthening the growth orientation of their economic program through measures aimed at:",
    "Fiscal program implementation was hindered by the ongoing recession in 2000.",
    "Restoring investor confidence (domestic and foreign) is central to medium-term fiscal attainability.",
    "A growth-oriented adjustment was adopted, combining measures to stimulate investment with accelerated structural reforms.",
    "Subject: Economic sectors, Expenditure, External debt, Public debt, Public sector, Revenue administration",
    "Keywords: Argentina's position, CR, financial support, financial support package, IMF support, ISCR, lowering of interest rates, market confidence, private sector, Public sector, SDR, stand-by credit",
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