It should be remembered that Antigua and Barbuda Email lists the body, under the presidency of Christine Lagarde, granted a record loan of $ 57.1 billion in 2018 to prop up the Cambiemos government. Despite its renewed rhetoric, the IMF , like private creditors, does not recognize co-responsibility in loans, although it does recognize their unsustainability Antigua and Barbuda Email lists . Unlike private ones, and even other official creditors, the imfit can explicitly “induce” the application of certain policies, aimed at maximizing debt repayment in the short term. Of course, this discovers that the debt will be paid while “homework is done.” The restructuring that has been achieved and the.
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one that is underway at the Antigua and Barbuda Email lists time of writing this article are intended to save time, shift the time of payment, and for this it is necessary to move forward with the tasks, namely: order the country’s macroeconomics (retail inflation to mid-2021 was around 50% per year), propose a credible liberalization and opening-up schedule, Antigua and Barbuda Email lists reduce the fiscal deficit (without touching debt services), achieve foreign exchange to “honor” payments. If the first tasks are conducted, not without friction, between the Ministry Antigua and Barbuda Email lists of Economy and the Central Bank, the last mandate is joined by the Antigua and Barbuda Email lists Ministry of Productive Development.
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Export as much as possible, Antigua and Barbuda Email lists as soon as possible, under the promise that this time it will come with structural change later and, finally, with income redistributiontwo. Is this the way? The mandate to export as it may, Antigua and Barbuda Email lists immediately, obstructs various problems that are critical when it comes to thinking about Argentine development in a more egalitarian, fair and sustainable way. Argentine exports: what and who? Exports of primary products and their basic processing were consolidated as axes of Argentine participation in the world division of labor and increased their weight.