BUENOS AIRES, Jun 3 (NNN-TELAM) – The Argentine government has “no doubt” that it will meet the targets agreed upon with the International Monetary Fund (IMF), for its second technical review, Argentine presidential spokesperson, Gabriela Cerruti, said yesterday.
“The first review is going very well despite all the doomsayers,” she said. “The same will happen with the second review. Everything is going as the government planned.”
In Mar, the Argentine government and IMF approved a series of goals to resolve a debt of 44.5 billion U.S. dollars. They are linked to a fiscal deficit reduction, the gradual elimination of the Central Bank of Argentina’s assistance to the Treasury, and an increase in international reserves.
The implementation of the agreement calls for quarterly reviews, with fulfillment accompanied by new IMF credit disbursements.
Among the macroeconomic goals is the reduction of the primary deficit by 2.5 percent of the gross domestic product (GDP) in 2022, followed by 1.9 percent in 2023 and 0.9 percent in 2024.– NNN-TELAM
