Outreach to the #IMF comes with a "heavy price," @binettibruno writes in @amerquarterly, since "the Fund is particularly dreaded in Argentina" and "brings back memories of the collapse of the early 2000s." http://americasquarterly.org/content/argentina-will-imf-save-or-doom-macris-reform-agenda … #Argentina
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Reasonable argument, but I disagree. As I have said,
#Argentina's holdout bondholders were seen as even more villainous than the#IMF, and@mauriciomacri survived the 2016 settlement politically unscathed.1 reply 0 retweets 2 likesShow this thread -
Meanwhile,
@Lagarde clearly admires@mauriciomacri's reform agenda, and is eager to repair the#IMF's image in#Argentina. And though the Trump White House might question a bailout, it too supports the Casa Rosada and would likely support an@IMFNews line of credit.1 reply 2 retweets 3 likesShow this thread
That said, @mauriciomacri will have to emphasize the light conditionality on any #IMF program. The latest @UADEoficial/@VoicesResearch survey found that 47% of Argentines had a negative view of the Fondo Monetario Internacional. @IMFNews @MinHaciendaAr @MinFinanzas
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