“I hope that our staff team on Argentina, including our resident representative in Buenos Aires, are already engaging with the minister and her technical team,” said Fund spokesman Gerry Rice in a scheduled press briefing.
“We welcome efforts to strengthen expenditure controls, tax compliance, and public debt management coordination,” he said.
Argentina is the IMF’s largest debtor, with a $44 billion program that was approved by the board in late March.
Rice said the objectives of the program remain in place, even amid a very challenging global environment.
“We have had a very positive initial engagement with the minister, and we look forward to continuing to work constructively to achieve the agreed objectives,” he said.
Source: Economy - investing.com
