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Argentina requests IMF technical aid to help with a new prices index

Tuesday, November 23rd 2010 - 19:16 UTC
Full article 18 comments

Argentina’s Economy minister Amado Boudou announced Tuesday that the President Cristina Fernández de Kirchner's administration is to request aid from the International Monetary Fund to help with a new price index. Read full article

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  • Beef

    Now Marcos called Goldman a bunch of crooks and liars! Now that Argentina has been forced to accept IMF assistance to calculate a CPI we will see who is actually a telling porkies.

    Nov 23rd, 2010 - 10:45 pm - Link - Report abuse 0
  • jerry

    “Argentina’s Economy minister Amado Boudou announced”. “Announcements” by the K government are always being done - now let´s see what really happens!

    Nov 23rd, 2010 - 11:16 pm - Link - Report abuse 0
  • WestisBest

    ““A little inflation is not bad after all”, the CGT leader and teamsters’ boss Hugo Moyano was quoted when asked about the ongoing controversy.”

    LMFAO,
    this is your union man.....
    P.M.S.L.!

    Nov 23rd, 2010 - 11:18 pm - Link - Report abuse 0
  • jerry

    I would suppose that if inflation reached only 20% insted of 25-30% as it is now, maybe “a little inflation” would not be so bad afterall.

    Nov 23rd, 2010 - 11:27 pm - Link - Report abuse 0
  • Redhoyt

    A “ little inflation” is 2%, not 20% lol

    Nov 23rd, 2010 - 11:45 pm - Link - Report abuse 0
  • xbarilox

    hey, President Cristina, you and your husband said that “NO MORE IMF”, and I believed that it was true. What's going on here? You liars, should be exterminated! Boudou lives in Puerto Madero? That says it all, he doesn't know what INFLATION is.
    Am I the only one commenting on this article? Where are the others?

    http://www.youtube.com/watch?v=pFLOg3nioKw

    Nov 24th, 2010 - 12:59 am - Link - Report abuse 0
  • Pedro

    Xbarilox,

    Give credit where it is due. Indec figures as you know are an exercise in deception. By using the IMF's technical assistance to report real inflation figures it will not only benefit Argentina on the long run but do a lot to restore credibility.That could have various positives concerning debt repayment and Investment ratings. Wether you like it or not the IMF still plays an inportant role. On the budget - the 6.5 % to be spent on education is long overdue and a very positive step by the Ruling party. So it seems with the election looming the Kirchnerites are doing some things right.

    Nov 24th, 2010 - 08:39 am - Link - Report abuse 0
  • Think

    (7)
    I concord fully with Mr. Pedro.....
    The Kirchnerites are doing manythings right......
    And...Don't forget:
    The IMF technical assistance is free of charge :-)

    Nov 24th, 2010 - 08:54 am - Link - Report abuse 0
  • fredbdc

    Argentina must make their statistics reliable. This is a first step though, an audit is likely shortly. Argentina is bound by many international treaties to allow a yearly audit andhe DC community is insisting on one shortly. They may let it go until the next election but probably not. From what I hear they are threatening expulsion from many Int'l institutions if CFK doesn't comply, World Bank, IDB, IMF, G20 etc. It would be very humiliating to get kicked out and become even more isolated. As I said in many messages it was just a matter of time.

    Nov 24th, 2010 - 12:10 pm - Link - Report abuse 0
  • xbarilox

    Pedro, I undersstand what you say, but people at the IMF are like hunting dogs. We know them very well. Why do we need to do what they say? Why can they say “if Argentinians don't do what we say they'll be punished for that” That's unfair. Did people forget about Cavallo? It was a disaster! Why can't we have a more local IMF?
    I don't like this, anyway, I hope that something better comes along then.

    fredbdc = Elisa Carrió = I told you, I told you, I told you

    Nov 24th, 2010 - 04:26 pm - Link - Report abuse 0
  • fredbdc

    The problem I see for CFK is when the IMF establishes the new formula it will be used on the last 7 years of data, then they will have lots of law suits for bilking the CER bondholders out of their correct interest payments. It will get really ugly and expensive. hee hee

    Ohh, XBOX don't you like when I am proven right? This is only the beginning so you better get used to it.

    Nov 24th, 2010 - 04:57 pm - Link - Report abuse 0
  • WestisBest

    10 Xblox “but people at the IMF are like hunting dogs. ”

    Get a grip man. The IMF only go after crooked,corrupt incompetent defaulters.......ah.....sorry, I see what you mean now.
    :-)

    Nov 24th, 2010 - 10:01 pm - Link - Report abuse 0
  • xbarilox

    WestisBest, I'm sorry I called you “bloody scum” haha. Have you just reported it? lol

    Nov 24th, 2010 - 10:09 pm - Link - Report abuse 0
  • WestisBest

    Nope, thought you were talking about someone else Xblox, anyway you must realise by now that:

    (A) I don't give a shit what you think and
    (B) that profanity really doesn't bother me.

    I'm very touched that you felt you had to apologise, it's clearly been upsetting you that you posted something so impolite....however I suggest you man the fuck up a bit, I'd never apologise to you if I said for instance:
    'You Argies are all greasy little, surrender monkey, spiks'...Just as an example.

    Nov 25th, 2010 - 09:36 am - Link - Report abuse 0
  • xbarilox

    West, don't get upset, it wasn't an honest apology, calm down, you sob! haha

    Nov 25th, 2010 - 04:52 pm - Link - Report abuse 0
  • WestisBest

    Wasn't it? well in that case I'll drop the 'for instance'....
    you, Xbarilox, are a greasy little surrender monkey spik, you're a dirty, BA slum dwelling, ring pirate, little Argie bastard.

    Let's see who does the reporting now.
    :-p

    Nov 26th, 2010 - 12:57 am - Link - Report abuse 0
  • stick up your junta

    dont sugar coat it West

    Nov 26th, 2010 - 06:53 pm - Link - Report abuse 0
  • WestisBest

    I was feeling mellow last night, Goodwill to all men and that...tonight however I'm feeling bad tempered and mean, bring it on Xbox!.....

    Nov 26th, 2010 - 07:47 pm - Link - Report abuse 0

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