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Argentina: Second Review Under the Stand-By Arrangement and Request for Augmentation
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2001: Issue 026
Language:
English
Publication Date:
26 Jan 2001
DOI:
https://doi.org/10.5089/9781451801286.002
ISBN:
9781451801286
ISSN:
1934-7685
Pages:
59
Keywords:
ISCR; CR; private sector; financial support; financial support package; SDR; stand-by credit; market confidence; IMF support; lowering of interest rates; Argentina's position; Public sector
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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. The authorities fully recognize the importance of reassuring domestic and foreign investors about their commitment to medium-term fiscal attainability. The authorities have responded to the adverse developments by strengthening the growth orientation of their economic program, through measures aimed at promoting a recovery of investment and an accelerated implementation of structural reforms.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund