LatinNews Daily Report - 17 April 2014

Argentina: On 10 April Argentina’s economy minister, Axel Kicillof, attended the International Monetary Fund (IMF) Spring Meeting in Washington where he also met officials from the World Bank. Upon his subsequent return to Argentina he insisted that the Argentine government will follow its own economic policy path and ruled out the possibility of submitting Argentina’s accounts to the IMF for approval. Kicillof said there was no “objective necessity” to comply with article IV of the IMF’s statute, which requires the international body to carry out an annual revision of member states’ finances. Argentina’s refusal to do so may limit the scope of its current policy of rapprochement with international investors.

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