In a press statement, Chair Kristalina Georgieva said Argentina’s economic situation has become ‘increasingly challenging’
Economics
IMF calls for hikes in energy tariffs and limits on public wages and pensions
The government will be able to intervene in the financial market to avoid runs on the currency
The modification would shorten contract periods and make price updates more regular
The Economy Ministry announced the approval of the fifth and sixth reviews from Washington D.C.
Economy Minister Sergio Massa made the announcement from Washington D.C.
The Economy Ministry said it obtained “the highest rollover rate of the year”
Official sources said the recent devaluation was agreed with the IMF, but brought forward in light of the primary election results
The drought is also expected to continue affecting the economy in the upcoming months
The Economy Minister will meet with officials from the White House, the World Bank and the IADB during the two-day trip