IMF message to candidates: "It would be foolish to turn your back on the work in progress"

WASHINGTON.- The Managing Director of the International Monetary Fund (

MFIs

)

Christine Lagarde

, said it would be "foolish" on the part of any candidate to turn their backs on the economic plan implemented with the support of the Fund, which, he insisted, works and will revive the 39; economy.

"We are starting to see that the program is really working, and we believe that the Argentine economy is about to recover," Lagarde told a press conference at the IMF and Bank's annual meeting. in Washington.

"Now that so much effort has been expended, in a program where social protection has always been one of our top priorities, it would be foolish for any candidate to turn their backs on the job." course, "he insisted. question of the Argentine press.

Lagarde's message has prompted increasing criticism from opponents of the program with the Fund, through which the government has launched a major fiscal and monetary adjustment aimed at containing inflation, restoring market confidence and to take the necessary measures. the economy of the well in which it collapsed after the disbursement of the currency almost a year ago. Several opposition figures have expressed their intention to renegotiate the deal if they managed to win the presidential elections in October.

Venezuela

Lagarde also mentioned Venezuela, one of the topics discussed at the annual meeting of the Fund and the World Bank. International organizations are waiting for the departure of Nicolás Maduro's regime to deploy a package of aid that will allow the Caribbean nation to escape the profound social, economic and humanitarian crisis it is going through.

"Let me tell you that we are very, very concerned about the humanitarian crisis unfolding before our eyes in Venezuela," said Lagarde.

"We have done all the preparatory work possible, taking advantage of the available information, to be ready to act as quickly as possible and will, in view of the scale of the humanitarian crisis in which the country finds itself, extended by many, we are ready to do that too, "he said.