International Monetary Fund renewed its support for the economic policy of Mauricio Macri on his visit to the country to evaluate the fulfilment of fiscal and monetary goals committed s by Argentina.
The agency headed by Christine Lagarde expressed support for the strategy with which the Central Bank intends to reduce the stock of Lebac which now exceeds $ 1 trillion pesos.
“The plan of the Argentine authorities to accelerate the reduction of the stock of Lebac was carefully designed by the local government. Fund supports the efforts of the authorities in this regard that are consistent with the understandings reached through agreement backed by the IMF stand-by”, said the spokesman for the IMF, Gerry Rice.
IMF spokesmen are planning to stay in Buenos Aires until next Wednesday 22nd. “The team of the Fund will hold meetings with officials of the Government and the Central Bank as well as representatives of academia and the private sector,” they explained.
IMF loan debt lebac dollars
