The board of directors of the International Monetary Fund will again meet at the end of January to debate Argentina’s improvement in the quality of its official economic index, IMF spokesman announced on Monday.
The IMF said Thursday that it was unlikely to take action on Argentina failure to supply accurate statistical data before January, if the country misses a deadline next Monday.
The IMF ratified last week that by December 17 Argentina must reply to Managing Director Christine Lagarde on the latest advances referred to the country’s statistics both on inflation and GDP growth.
The International Monetary Fund (IMF) decided it will not release any communiqué regarding Christine Lagarde report over Argentina's statistics, the press department announced. It is expected that the report with the analysis of the Board of Directors will be released on Tuesday.
The International Monetary Fund (IMF) said it does not see a trend in South America toward state nationalization of private companies despite moves made by Bolivia and Argentina in recent weeks, a spokesman said on Thursday.
The International Monetary Fund (IMF) warned Argentina about its “lack of progress” in addressing inflation data and called on the country to implement “specific measures” within the next six months to improve it.
Speaking at a press conference from Washington DC on Thursday, IMF acting director of External Relations Gerry Rice said the organization’s directors “will meet in late January or early February to analyze the progress made in Argentina’s statistics”.