Argentina is threatening to leave the IMF, according to reports in the local media, as relations take another turn for the worse. Basking in his success in October’s legislative elections, president Nestor Kirchner wants the IMF to soften its demands. The Fund wants Argentina to let the peso appreciate and to tighten monetary policy.
The Argentine government, however, reckons these policies would strangle the country’s economic recovery. Argentina owes the IMF $9.9 billion over the next three years and $10.5
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
