Argentina: Third Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance and Applicability of Performance Criteria
September 4, 2003
Summary
The responsible conduct of macroeconomic policies has continued with the new government. These policies have been key to stabilizing the economic situation and improving growth prospects. Maintaining budgetary control to stimulate the economy and step up social and infrastructure spending is the immediate challenge. The achievement of broad price stability attests to the adept handling of monetary policy. Structural reform implementation remains the major concern. Sustaining the recovery will require the deepening and broadening of structural reforms and the normalization of Argentina's relations with external creditors.
Subject: Banking, Currencies, Debt service, Economic sectors, External debt, Monetary base, Money, Public debt, Public sector, Revenue administration
Keywords: central bank profit, central bank regulation, CR, Currencies, Debt service, Europe, financial market indicator, fund staff, inflation pressure, ISCR, Public sector
Pages:
43
Volume:
2003
DOI:
Issue:
278
Series:
Country Report No. 2003/278
Stock No:
1ARGEA0052003
ISBN:
9781451801378
ISSN:
1934-7685





