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IMF Official: Working With Argentina On Timing Of Assessment
WASHINGTON -(Dow Jones)- The International Monetary Fund continues to work with Argentine officials on the timing of a possible Article IV assessment, although no agreement has been reached, a senior IMF official said.
"They are in the driver's seat," Nicolas Eyzaguirre, director of the IMF's Western Hemisphere department, told reporters during a briefing to discuss the regional economic outlook released Friday.
Argentina cut off relations with the IMF in 2006 after paying back the $9.8 billion it owed, but the government has signaled a willingness to allow the fund's annual reviews to resume as it seeks to return to global credit markets.
"It depends on how things evolve whether there's going to be a successful attempt or not," said Eyzaguirre in a briefing that took place this week in Washington. "But on our side, we have nothing but very good intentions and a lot of hope in ending this as a very engaging thing."
But he said the assessment shouldn't be politicized.
"We don't want to be sort of used by anyone, neither the government nor the opposition, to try to use the fund for their own purposes," said Eyzaguirre.
"This is not a political exercise, it's a surveillance exercise," he said.
-By Tom Barkley, Dow Jones Newswires; 202-862-9275; tom.barkley@dowjones.com
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Publié le 23 octobre 2009 Copyright © 2009 Dowjones

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