[ad_1]
Argentina "requested a waiver (waiver application), and staff (from the IMF) recommended to the board to approve it, because at the end of the review some budget data was not available at the end of March "said sources at the Treasure Palace. They added that the goals will be achieved.
In this same line, The IMF said preliminary data from Argentina indicate that the country will reach the agreed budget targets to obtain US $ 56,300 million., whose disbursement of $ 10 870 million is due in April.
Argentina's request related to "a simple question of availability of certain data" and not any non-compliance with the objectives agreed with the IMF, explained the spokesman of the Ministry of Finance, confirmed by the Ministry of Finance. one of his spokespersons.
"The final data will not be available before the board of directors meets (IMF board meeting), so a waiver is requested," said the fund's spokesman.
The program agreed with the IMF includes the commitment to reduce the country's primary fiscal deficit to near zero, a plan the government is implementing through cuts in spending and higher taxes.
Last month, an IMF technical mission approved the third revision of the agreement with Argentina and informed the agency's board of directors, which was due to meet on Friday for discuss it.
The executive director of the organization, Christine Lagarde, congratulated Macri and his team for the implementation of the economic program, which led to growing social protests and a hardening of political opposition.
.
[ad_2]
Source link