{
  "title": "Argentina: Staff Report for the 2005 Article IV Consultation",
  "publication": "IMF Staff Country Reports, July 18, 2005",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/argentina-staff-report-for-the-2005-article-iv-consultation-18412",
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  "summary": "This 2005 Article IV Consultation highlights that Argentina’s economy has rebounded strongly from the financial crisis in late 2001.",
  "sections": [
    {
      "heading": "Overview — substantive findings",
      "content": "- Argentina’s economy has rebounded strongly from the financial crisis in late 2001.\n- Reflecting buoyant domestic demand, real GDP grew close to 9 percent in both 2003 and 2004, bringing real output level back to the peak level achieved prior to the crisis.\n- Growth has continued in the first quarter, and consumer and business confidence indicators remain at high levels.\n- Inflation has accelerated amid rising demand, increased capacity constraints, growing wage pressures, and monetary accommodation."
    },
    {
      "heading": "Macroeconomic performance and indicators",
      "content": "- Real GDP growth: close to 9 percent in 2003.\n- Real GDP growth: close to 9 percent in 2004.\n- Real output level: returned to the peak level achieved prior to the crisis.\n- Growth continuation: noted in the first quarter (year not specified in the summary).\n- Confidence: consumer and business confidence indicators described as remaining at high levels."
    },
    {
      "heading": "Inflation and domestic pressures",
      "content": "- Inflation: described as having accelerated.\n- Contributing factors to inflation:\n  - rising demand\n  - increased capacity constraints\n  - growing wage pressures\n  - monetary accommodation"
    },
    {
      "heading": "Thematic coverage (subjects listed)",
      "content": "- Arrears\n- Banking\n- Economic sectors\n- External debt\n- Fiscal policy\n- Fiscal stance\n- Public debt\n- Public sector\n\nArgentina: Staff Report for the 2005 Article IV Consultation — IMF Staff Country Report No. 2005/236\n\n---\n\n Content in this bundle\n\n- cr05236\n  - cr05236 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr05236 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 18, 2005",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451801392.002",
    "Argentina’s economy has rebounded strongly from the financial crisis in late 2001.",
    "Reflecting buoyant domestic demand, real GDP grew close to 9 percent in both 2003 and 2004, bringing real output level back to the peak level achieved prior to the crisis.",
    "Growth has continued in the first quarter, and consumer and business confidence indicators remain at high levels.",
    "Inflation has accelerated amid rising demand, increased capacity constraints, growing wage pressures, and monetary accommodation.",
    "Real GDP growth: close to 9 percent in 2003.",
    "Real GDP growth: close to 9 percent in 2004.",
    "Real output level: returned to the peak level achieved prior to the crisis.",
    "Growth continuation: noted in the first quarter (year not specified in the summary).",
    "Confidence: consumer and business confidence indicators described as remaining at high levels.",
    "Inflation: described as having accelerated.",
    "Contributing factors to inflation:",
    "**_cr05236**"
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