Argentina requests "waiver" from the Monetary Fund – 04/03/2019

Argentina asked the International Monetary Fund a "renunciation" or forgiveness about some of the violations that the body will deal with at its meeting next Friday. In this case, the board must give its opinion on the audit conducted by the representatives of the Fund in February and indicate whether they specify the next disbursement of the agreement, this time. for $ 10,800 million.

Friday will be the third revision of the country's figures. In the agenda items to discuss, the body explained that it will be played "the request for derogation (waiver) the applicability of the performance criteria, the review of the funding guarantees and the request to change the performance criteria ".

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However, both the government and the IMF badured that it was not a deviation from set goals, but a security issue. delivery times of the data.

As the bard's meeting, which was originally scheduled to take place in March, was postponed until April, the agency is forced to request the final data of the first quarter. Argentina has all the variables available except for the tax result, one of the key data badyzed by the IMF.

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"The waiver this is due to the lack of availability of March data. This also happened in the first review (revision), the preliminary data indicate that targets (objectives) will be achieved. However, the final data will not be available at the time of the board's creation, so the waiver in this case, "said a spokesman for the Fund.

The same thing happened in the Department of Finance.

BORN