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The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, said that the agency in charge "underestimated" the "complicated" situation of Argentina at the beginning of the program with the agency Multilateral credit and stressed "the very hard legacy" President Mauricio Macri has received from the Kirchner administration.
The Argentine economy "has shown an incredibly complicated situation," where "several actors, including myself, have underestimated the situation" when the country's financing program began to be negotiated, Lagarde said in Washington, DC a conference organized by the American Enterprise Institute.
In her speech, the president of the IMF, according to the Argentine media, stressed that despite the difficulties, she now has "hopes" about the future of the Argentine economy.
If "the implementation of the current program continues", there will be "reasonable reasonable hope" that the economy will recover, said the IMF director.
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