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Managing Director of the IMF, French Christine Lagarde; Mauricio Macri and the Minister of Finance, Nicolás Dujovne.
The British newspaper Financial Times published today an article whose title warns that el International Monetary Fund (IMF) his reputation is played in Argentina. On the downside, he adds that "some fear that the Fund's biggest bailout" – has never lent as much to a country as to Argentina in 2018- "weakens and could not survive an election shock ".
It should be noted that this article coincides with the beginning of a new mission of the agency to examine the accounts of the government Mauricio Macri.
"The country's currency crisis has been revived and bond yields have risen, threatening not only the IMF program for Argentina, but its reputation and that of its leader", Said the newspaper of the world establishment in reference to the general manager of the Fund, the French Christine Lagarde. She has the ambition to continue her career in European politics.
(Also read: The Dollar, Inflation and Country Risk: How the Economy Continues)
The program "could collapse if the populist opposition, led by the former leftist president Cristina Fernández de Kirchner, wins the presidential election of October, add the FT. But he admits that the agreement signed by the Fund and Macri last June has changed a lot since: "The plans have already deviated considerably from their course."
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