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240607 ||| eng |
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|a 9798400253027
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| 245 |
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|a Argentina
|b Fifth and Sixth Reviews Under the Extended Arrangement Under the Extended Fund Facility, Request for Rephasing of Access, Waivers of Nonobservance of Performance Criteria, Modification of Performance Criteria and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Argentina
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2023
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| 300 |
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|a 116 pages
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| 651 |
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4 |
|a Argentina
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| 653 |
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|a Inflation
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| 653 |
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|a Interest rates
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| 653 |
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|a International Organizations
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| 653 |
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|a Finance
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Monetary economics
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| 653 |
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|a Currency; Foreign exchange
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| 653 |
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|a Deflation
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| 653 |
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|a International agencies
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| 653 |
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|a Debt Management
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| 653 |
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|a Debts, Public
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| 653 |
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|a Debt
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| 653 |
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|a International organization
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| 653 |
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|a International Financial Markets
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| 653 |
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|a Sovereign Debt
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| 653 |
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|a Foreign Exchange
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| 653 |
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|a Price Level
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| 653 |
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|a Financial markets
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| 653 |
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|a International institutions
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| 653 |
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|a Banks and Banking
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| 653 |
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|a International Economics
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Prices
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| 653 |
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|a Banking
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| 653 |
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|a Monetary policy
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| 653 |
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|a Interest Rates: Determination, Term Structure, and Effects
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| 653 |
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|a Foreign exchange market
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| 653 |
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|a Monetary Policy
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| 653 |
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|a Public Finance
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| 653 |
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|a Money and Monetary Policy
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| 653 |
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|a Finance: General
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| 653 |
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|a Foreign exchange
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| 653 |
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|a International Agreements and Observance
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| 710 |
2 |
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|a International Monetary Fund
|b Western Hemisphere Dept
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| 041 |
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7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Staff Country Reports
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| 028 |
5 |
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|a 10.5089/9798400253027.002
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| 856 |
4 |
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|u https://elibrary.imf.org/view/journals/002/2023/312/002.2023.issue-312-en.xml?cid=538482-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a This paper presents Argentina’s Fifth and Sixth Reviews under the Extended Arrangement under the Extended Fund Facility, Request for Rephasing of Access, Waiver of Nonobservance of Performance Criteria, Modification of Performance Criteria, and Financing Assurances Review. Since completion of the fourth review, key program targets were missed reflecting the historic drought along with policy slippages. Against the backdrop of high inflation and rising balance of payments pressures, agreement was reached on a new policy package centered on rebuilding reserves and enhancing fiscal order. Continued strong policy implementation will be critical in the period ahead to safeguard stability and strengthen medium-term sustainability. Risks remain elevated, reflecting an increasingly fragile economic and social situation, rising program implementation difficulties, and election-related uncertainties. In addition, risks could intensify should the projected improvements in climate conditions not materialize, or external conditions worsen. Moreover, even with steadfast implementation, elements of the new policy package may still need to be recalibrated to secure the intended results
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