Arab Today, arab today imf argentine data still unacceptable
Last Updated : GMT 11:14:58
Arab Today, arab today
Arab Today, arab today

IMF: Argentine data still unacceptable

Arab Today, arab today

Arab Today, arab today IMF: Argentine data still unacceptable

Buenos Aires - AFP

The International Monetary Fund on Tuesday again found Argentina at fault for not doing enough to provide accurate economic data, but put off until December taking any possible action. In a review of Argentina\'s progress since it was given six months in February to meet IMF data standards, the IMF executive board said it \"regretted the lack of sufficient progress\" by Argentina in implementing measures to bring its data reporting into compliance. \"The board took note of the ongoing dialogue between the IMF and the authorities regarding the measures, and called on Argentina to implement the measures without delay,\" it said in a statement. The board gave Buenos Aires another three months, until December 17, when it will again review the issue. At that time the board \"may consider additional steps based on Argentina\'s response, and in line with IMF procedures,\" it warned. The IMF and Argentina have been battling over Buenos Aires\'s widely questioned official data on inflation and gross domestic product since 2011. Failure to meet IMF rules can lead to sanctions, including the extreme of suspending a member\'s voting rights. In July 2011 the IMF gave Argentina 180 days to improve the quality of the statistics, which it is obliged to provide the Washington-based global lender. But rather than take action, in February the IMF gave the country another 180 days to measure up. The IMF and Argentina have a long history of troubled relations, with successive governments blaming the Fund for domestic economic failures and the country\'s deep troubles in international debt markets. In January 2006 the government paid off Argentina\'s debt with the IMF -- some $9.5 billion -- and cut links with the Fund. But at the end of 2010 the IMF was invited back to assist with collection and formulation of economic data, leading to the current impasse.

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 argentine data still unacceptable Arab Today, arab today imf argentine data still unacceptable

 



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 argentine data still unacceptable Arab Today, arab today imf argentine data still unacceptable

 



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 Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
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