Federico Sturzenegger contradicted Joseph Stiglitz on the Argentine economy: what he said about the debt with the IMF

Federico Sturzenegger contradicted Joseph Stiglitz on the Argentine economy what

embedded dear @JosephEStiglitz, we’ve read with bewilderment your article in PS. We will always cherish you for showing that economics is fun and surprising, that new questions should be addressed. But my feeling is that in Argentina you have not dared to ask the uncomfortable questions. — Fede Sturzenegger (@fedesturze) January 19, 2022 “Let’s start … Read more

From the IMF to peripheral countries: it is time for adjustment | In the middle of the negotiation, message between the lines for Argentina

From the IMF to peripheral countries it is time for

While the Argentine government tries to negotiate with the IMF an extension of the path of fiscal adjustment to avoid an abrupt brake on the economic recovery, the organization continues to show signs that it maintains its historical perspective on the role of austerity as a method to obtain the repayment of their credits. The … Read more

More voices ask for changes to financial organizations while Argentina fights with the IMF

1642116178 More voices ask for changes to financial organizations while Argentina

The head of the Fund and Martín Guzmán in one of their meetings. Argentina’s approach to the IMF to reschedule its debt payments while adopting a progressive fiscal path that protects growth resonates in a world where voices are added in support of this type of argument, a debate reinforced by the need to sustain … Read more

Anger grows in the Government with Guzmán for delay in agreement with the IMF and his unfulfilled promises

Anger grows in the Government with Guzman for delay in

The minister had promised that this agreement would be reached with the reduction in interest rates and with an extension in the terms These are not easy hours for Martín Guzmán. In the last few hours he was under the spotlight from inside and also from outside the Government. Since, a week ago, he made … Read more

IMF: From Stiglitz to The Economist, a little help for Guzmán

IMF From Stiglitz to The Economist a little help for

Fernández tries to find ideological bridges, and says that if Biden is promoting a mega expansionist plan in his country, the logical thing would be for him to follow the Argentine position. How to convince David Lipton of Argentine needs? A letter that from the Palacio de Hacienda sought to play was the Fund’s own … Read more

The British representative of the IMF arrived in the country amid severe criticism of the agency – AgenHoy Florencio Varela’s News Portal

The British representative of the IMF arrived in the country

The economist began on Monday to work in the agency’s offices located in downtown Buenos Aires. The orthodox magazine The Economist and the prestigious Nobel laureate Joseph Stiglitz questioned the procedure of the International Monetary Fund with Argentina. The British Economist of the International Monetary Fund Ben kelmanson He is already in Buenos Aires and … Read more

Without progress towards an agreement and harsher rhetoric, the negotiation with the IMF offers more doubts than certainties

Without progress towards an agreement and harsher rhetoric the negotiation

WASHINGTON.- No visible progress toward an agreement, the negotiation between Argentina and the International Monetary Fund (IMF) rooted the uncertainty and the doubts when there are just weeks left to close a new program that allows to refinance debt maturities and avoid a blow to the economy. In the absence of details on the economic … Read more

US lawmakers call for a review of IMF surcharges

US lawmakers call for a review of IMF surcharges

The politics of International Monetary Fund ( IMF) to collect significant surcharges to indebted countries was rated as “unfair and counterproductive” in a letter US lawmakers sent to the United States Secretary of the Treasury, Janet Yellen, with the aim of asking you to endorse a review of that measure. “These surcharges divert billions of … Read more

US lawmakers ask US Treasury secretary to back a review of IMF surcharges

“At a time when countries around the world should focus on this public health crisis, these surcharges divert billions of dollars into the pockets of the IMF here in Washington and prevent a fair recovery“Garcia said in a statement sent to Reuters. The letter, confirmed by Reuters, said the policy could also increase the risk … Read more