Argentina Rejects IMF
Monitoring
The Argentine government
rejected any kind of
monitoring of its
economy by the
International Monetary
Fund on Thursday.
"One of the things that
we do not accept is an
audit, when our
country's macroeconomic
conditions show
solidity," Cabinet head
Alberto Fernandez told a
local radio station.
Clarin daily reported
that the IMF sent a
letter in mid January to
the Economy Ministry,
requesting reports of
the methodology used by
the INDEC (National
Statistics and Census
Institute)
Fernandez said he did
not know about such a
letter, but that the
issue was being analyzed
by Economy Minister
Martin Lousteau.
In December President
Cristina Fernandez met
with new IMF Director
Dominique Strauss-Kahn,
who attended the
inauguration.
The current government
and the IMF want to lay
the foundations of their
relationship and
renegotiation of the
Argentine debt with the
Paris Club (informal
group of financial
officials from 19 of the
world's richest
countries).
Strauss-Kahn was
welcomed in Buenos Aires
in early September by
former President Nestor
Kirchner, who questioned
the IMF adjustment
policies and held it
responsible for the
serious crisis that
affected the South
American country in
2001. |
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