Argentina: Ex-Post Evaluation of Exceptional Access Under the 2018 Stand-By Arrangement-Press Release and Staff Report
Electronic Access:
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Summary:
On June 20, 2018, the Executive Board approved the largest stand-by arrangement in the Fund’s history, in support of Argentina’s 2018-21 economic program. After an augmentation in October 2018, access under the arrangement amounted to US$57 billion (1,227 percent of Argentina’s IMF quota). The program saw only four of the planned twelve reviews completed, and did not fulfil the objectives of restoring confidence in fiscal and external viability while fostering economic growth. The arrangement was canceled on July 24, 2020.
Series:
Country Report No. 2021/279
Subject:
Exchange rates Fiscal consolidation Fiscal policy Foreign exchange Inflation Inflation targeting International organization Monetary policy Prices Public debt
Frequency:
regular
English
Publication Date:
December 22, 2021
ISBN/ISSN:
9781616357993/1934-7685
Stock No:
1ARGEA2021001
Pages:
135
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