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1) Skepticism about #Argentina's budget cutting stick-to-itiveness is understandable, especially as the 2019 presidential election nears. But so far, so good, no? Itaú forecasts a 2.6% of GDP 2018 primary deficit, below the target (2.7%).
2) That's why the #IMF is standing by President @mauriciomacri, not only to expiate its 2001 sins. (Though it's a factor; as @TheEconomist put it, "No country has given more grief to the world's lender of last resort. And arguably nowhere has the IMF made more costly mistakes.")
3) For more on #Argentina's tortured relationship with the #IMF, read a nice piece from @business's @Pat_Gillespie, which includes analysis from @ArgentinaProj's @benjamingedan. https://www.bloomberg.com/news/articles/2018-09-07/this-time-is-different-for-argentina-and-imf-it-had-better-be ….
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