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The #IMF, following its February visit to Buenos Aires, praised #Argentina's "strong determination" to eliminate its fiscal deficit, and said it observed "good prospects for a gradual recovery," despite continued budget cuts. https://www.imf.org/en/News/Articles/2019/03/18/pr1978-argentina-imf-staff-concludes-third-review-mission-to-argentina#.XJEJhJ3ty7s.twitter … 1/
That said, @IMFNews seemed less optimistic about inflation, predicting that "breaking inflation inertia will be a lengthy process," and praising @BancoCentral_AR's exceptionally tight monetary policy, another headwind to economic recovery in #Argentina. 2/
Given #Argentina's economic struggles, and aware of the October election, the #IMF appeared to support President Mauricio Macri's pledge, in the state of the union, to increase the Asignación Univeral por Hijo conditional cash transfer program. https://www.wilsoncenter.org/sites/default/files/weekly_asado_2019.03.08.pdf … 3/pic.twitter.com/6a0gA05PkR
To learn more about President @mauriciomacri's attempts to fight poverty amid recession and #IMF-imposed austerity in #Argentina, https://www.wilsoncenter.org/article/pobreza-cero-dream-deferred …, subscribe to @LATAMProg's free newsletter, the #WeeklyAsado. 4/pic.twitter.com/qcCJfrWEYQ
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