Argentina : Second Review Under the Stand-By Arrangement and Requests for Modification and Waiver of Performance Criteria.

This paper examines Argentina's Second Review Under the Stand-By Arrangement and Requests for Modification and Waiver of Performance Criteria. The economy is recovering rapidly, while inflation remains subdued. Strengthening consumer and business confidence and cautious monetary and fiscal poli...

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Bibliografiska uppgifter
Institutionell upphovsman: International Monetary Fund
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2004.
Serie:IMF Staff Country Reports; Country Report ; No. 2004/195
Länkar:Full text available on IMF
Beskrivning
Sammanfattning:This paper examines Argentina's Second Review Under the Stand-By Arrangement and Requests for Modification and Waiver of Performance Criteria. The economy is recovering rapidly, while inflation remains subdued. Strengthening consumer and business confidence and cautious monetary and fiscal policies have facilitated further reductions in interest rates, a stable peso, and further reserve accumulation. Buoyant tax revenues resulted in larger-than-programmed fiscal savings in 2003. Although high commodity prices and strengthening partner country demand are pushing export receipts to record levels, imports also continue to surge, driven by buoyant economic activity.
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Fysisk beskrivning:1 online resource (63 pages)
Materialtyp:Mode of access: Internet
ISSN:1934-7685
Tillgång:Electronic access restricted to authorized BRAC University faculty, staff and students