Of Economic Programs, Jobs, and Exchange Rates

Weekly  Reports

 

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Of Economic Programs, Jobs, and Exchange Rates

Third week
June 2021

This week the Undersecretary of the Treasury of the United States asked Argentina to make an economic plan that boosts private employment. That plan would count with the support of his country and therefore would easily go through the boards of international financial institutions. Our reading is that to the extent that Argentina seeks a traditional program with the IMF and does not want to reinvent the wheel, with nationalizations and controls that to often circulate between official dispatches, there will be a green light from the largest shareholder of the international community.