"Another IMF waiver will make markets more nervous"



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The former head of the IMF said the government was relying too much on the markets and that now "the world has thrown the tablets"

Economist Claudio Loser warned on Tuesday that the government "relied too much on the markets", although he claimed that the instability the country suffers "is a consequence of the results of the OSP".

"The world has thrown the tablets on Macri, the government has relied too much on the markets. Since the end of 2017, the executive has misinterpreted the market."said the former director of the IMF.

In his statements on the radio, Loser also felt that "this instability is a message addressed to Argentina, it is a consequence of the results of the OSP. Alberto Fernández has had contradictory statements for the markets" .

"These are the markets that worry about the background of Kirchnerism. The government can not control the situation, nor change the fear of markets, "he said.

According to him, "the mood of the markets depends on the behavior of Argentina, so it is important that governments end their mandate."

Finally, the economist said that a possible "waiver" of the IMF for a possible violation of the agreement by Argentina "will not change the confidence of international markets, will make them more nervous".

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