Arab Today, arab today imf sees argentina progress toward better economic data
Last Updated : GMT 21:55:33
Arab Today, arab today
Arab Today, arab today

IMF sees Argentina progress toward better economic data

Arab Today, arab today

Arab Today, arab today IMF sees Argentina progress toward better economic data

International Monetary Fund
Washington - AFP

The International Monetary Fund said Monday that Argentina, censured for failing to meet its statistical quality standards, was making progress in improving the data but more was needed.
Argentine authorities have taken a second set of specific steps the IMF called for reforming its long-distorted data on consumer prices and economic growth by the end-September deadline, the Fund said in a statement without disclosing the nature of the actions.
Now Argentina must take further actions by end-February, with a progress update to the board by IMF Managing Director Christine Lagarde due by April 15.
"The Fund will pursue discussions with the authorities and also welcomes the efforts made and initial advances achieved to improve the quality of Argentina's official CPI and GDP data and stands ready to continue this dialogue, and, more generally, to further strengthen relations with Argentina," the global lender said.
Argentina had vastly underreported inflation and skewed gross domestic product figures for years, in part for domestic political reasons and also because it had some domestic and foreign debt service payments linked to the key figures.
The IMF repeatedly had warned the country of the need to fall in line with standards for members to provide accurate data, and finally, in February 2013, took the unprecedented action to censure the country.
The censure decision has the potential to open the way for the Latin American country to lose its voting rights or membership at the 188-nation IMF.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today imf sees argentina progress toward better economic data Arab Today, arab today imf sees argentina progress toward better economic data

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today imf sees argentina progress toward better economic data Arab Today, arab today imf sees argentina progress toward better economic data

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday