This weekend, Cristina Fernández cleared the political fuss by announcing her decision to run for vice-president with Alberto Fernández running for president.
On the monetary front, the contractive bias of the program was first reinforced by freezing the floor and ceiling of the non-intervention zone (NIZ) at the current levels until the end of the year and by preventing the purchase of reserves until...
The new administration is moving very quickly to establish a new policy regime that addresses the main obstacles that have been affecting investing and growth.
The IMF staff and local authorities reached an agreement on the 3rd review of the program. Still subject to the approval of the Executive Board, Argentina will access to US$10.87 billion in the coming weeks.
