01695cas a2200241 a 4500 AALejournalIMF001542 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451801316 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Argentina : Staff Report for the 2000 Article IV Consultation, First Review Under the Stand-By Arrangement, and Request for Modification of Performance Criteria. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (71 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In 1999, the economy of Argentina was affected owing to recession. More than half of the external account deficit was financed by net foreign direct investment. The public finances deteriorated in 1999, reflecting the impact of the recession on tax revenue, a weakening of tax compliance, a growing interest bill, and spending overruns at both the federal and the provincial government level. The banking system has weathered well the recession, and strong prudential defences that characterize the Argentine banking system have been maintained. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2000/164 Full text available on IMF http://elibrary.imf.org/view/journals/002/2000/164/002.2000.issue-164-en.xml IMF e-Library