translated from Spanish: “Argentines know how to read”: CFK’s response to the IMF

Cristina Fernández de Kirchner added a new chapter to her verbal dispute with the International Monetary Fund, which responded to her through her spokesman, Gerry Rice, the criticism made during her visit to Cuba, where she demanded a strong write-off for having “violated her own bylaws” on the loan to Mauricio Macri. 

Rice said “there can be no remove” and remarked that in the stand-by-loan that Argentina signed in 2018 “definitely, there was no violation of IMF rules.” The debate over whether there was a violation of the agency’s statute is due to the part of its sixth article, stating that “no member country may use the Fund’s general resources to cope with a considerable or continuous outflow of capital”. 

No comment. Argentines and Argentines know how to read. — Cristina Kirchner (@CFKArgentina)
February 13, 2020

That article would have been violated, according to CFK and part of the government, when after the PASO the government used the money to stop the foreign exchange leak.

The article mentioning CFK

“No comment. Argentines and Argentines know how to read,” said Cristina Kirchner on her Twitter account and doubled the bet with the Fund, which currently has a mission in Argentina to audit the country’s accounts.

Original source in Spanish

Related Posts

Add Comment