As expected, the Fund's Board of Directors approved the review of Argentina's program, although it made it clear that Massa failed to meet all goals. The IMF applauds the fiscal effort promised by...
Investment: the key to unlock growth
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Investment: the key to unlock growth
May 2016
Argentina is entering into a new economic cycle where investment is expected to be the main engine of growth. This represents a change in relation to the way the economy worked in the last years, as consumption had been the tractor, boosted by expansionary fiscal and monetary policies, negative real interest rates and zero-interest installments plan for consumer loans. Achieving a significant and sustainable rate of growth from now on will be more challenging than in the past.