## Argentina: Second Review Under the Stand-By Arrangement and Request for Augmentation

_IMF Staff Country Reports, January 26, 2001_

## Source details

**Canonical URL:** [Argentina: Second Review Under the Stand-By Arrangement and Request for Augmentation](https://www.imf.org/en/publications/cr/issues/2016/12/30/argentina-second-review-under-the-stand-by-arrangement-and-request-for-augmentation-3903)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/30/argentina-second-review-under-the-stand-by-arrangement-and-request-for-augmentation-3903/index.md)
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## Bibliographic details
- Authors: Arrangement, Request
- Published: January 26, 2001
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451801286.002

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### Overview and Purpose
- 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:
  - promoting a recovery of investment, and
  - accelerating implementation of structural reforms.

### Key Findings and Assessment
- 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 Areas and Keywords
- 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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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/argentina-second-review-under-the-stand-by-arrangement-and-request-for-augmentation-3903_
