IMF Staff Country Reports

Argentina: First Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance and Applicability of Performance Criteria

July 9, 2004

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Argentina: First Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance and Applicability of Performance Criteria, (USA: International Monetary Fund, 2004) accessed November 22, 2024

Summary

Argentina’s First Review Under the Stand-By Arrangement and a Request for Waiver of Nonobservance and Applicability of Performance Criteria are reviewed. Favorable conditions allowed a further strengthening of the external position, though external arrears continued to increase. Congress has approved all the components of the government’s anti-tax evasion package, including the tightening of rules on invoicing by commodity exporters, providing tax tribunals in Buenos Aires with federal jurisdiction, and introducing new penalties to reduce tax evasion.

Subject: Arrears, Banking, Bonds, External debt, Financial institutions, Fiscal policy, Fiscal stance, Public debt, Revenue administration

Keywords: Argentina's creditor, Arrears, Bonds, CR, Debt exchange offer, Europe, Exchange offer, Fiscal policy, Fiscal stance, Global, Grants waiver, ISCR, Poverty situation, Restructuring of Argentina's sovereign, SDR

Publication Details

  • Pages:

    74

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2004/194

  • Stock No:

    1ARGEA0012004

  • ISBN:

    9781451801309

  • ISSN:

    1934-7685