Argentina: Staff Report for the 2002 Article IV Consultation

July 25, 2003

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Argentina: Staff Report for the 2002 Article IV Consultation, (USA: International Monetary Fund, 2003) accessed November 4, 2024

Summary

Domestic and external factors combined to bring about the loss of confidence in Argentina that triggered the debt default and the crisis. Restoring confidence in legal certainty has been a major challenge for Argentina. The fiscal program is centered on maintaining tight control over primary spending and rebuilding the tax administration. A key outstanding issue is to close the estimated fiscal and external financing gap. The fiscal effort required to sustain the public finances in the medium term will require the adoption of major structural reforms.

Subject: Banking, Commercial banks, Currencies, Expenditure, Fiscal policy, Fiscal stance, Money, Public debt, Revenue administration

Keywords: Africa, Bullet, Contingency fund, CR, Currencies, Eastern Europe, Expenditure measure, Financing gap, Fiscal stance, Foreign exchange restriction, Government, Government of Argentina, ISCR, Poverty indicator, U.S. dollar, Western Europe

Publication Details

Pages:

133
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/226
Stock No:

1ARGEA0042003
ISBN:

9781451801361
ISSN:

1934-7685

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