Press Release No. 18/338

Statement by the IMF’s Managing Director on Argentina

September 4, 2018

Ms. Christine Lagarde, the International Monetary Fund’s Managing Director, made the following statement today after meeting Argentina’s Economy Minister Nicolas Dujovne, and Central Bank Deputy Governor Gustavo Cañonero. 

“Minister Dujovne, Deputy Governor Cañonero, and I met today to initiate discussions about how the Fund can best support Argentina in the face of renewed financial volatility and a challenging economic environment. 

“We made progress in our meeting and we will be working together to further strengthen the Argentine authorities’ IMF-backed program. Our discussions will now continue at a technical level and, as stated before, our common objective is to reach a rapid conclusion to present a proposal to the IMF Executive Board.”