The IMF Third Review of Argentina Will Test a Fiscal Target That Was Already Lowered

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The mission will land next Monday to review the numbers.At the end of the month, a $800 million payment is due.In parallel, the board will meet tomorrow to review the design of their programs.

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The agency also noted that it follows the evolution of the late payment of Argentine households, although it considered that for the time being it does not constitute a significant risk to financial stability.

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The technicians of the agency will arrive on September 21 to resume the third review of the program. The visit will take place a few days before an expiration of US$806 million. Read more