IMF choice: to unlock or not to unlock the last tranche of funds for Argentina

Monday, September 16th 2019 - 09:47 UTC

Full article 2 comments

The International Monetary Fund has a tough choice to make in Argentina: unlock US$5.4 billion in funds under the country’s loan deal as the government strains to stave off default, or hold the money back and risk sparking more market panic. Read full article

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Enrique Massot
The IMF loan was designed to allow the Macri government to continue to service the foreign debt, and from the US standpoint, to ensure Macri's re-election.

Now that the inept Macri administration has evaporated the most significant loan the Fund has granted in its whole history and after the primaries' results, it makes no sense to keep giving money to the beggar.

No more cash for the gambler.
Sep 18th, 2019 - 05:35 am - Link - Report abuse 0
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:o))
@Enrique Massot

To lend or not to lend depends on the commission to the IMF.
Sep 24th, 2019 - 12:54 am - Link - Report abuse 0
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