Argentina and IMF have already made 23 agreements; Miley says’ this time ‘is different’

For generations of Argentine, the country is cyclic through the same episode: a new loan from The International Monetary Fund (IMF) To protect your economy. This is the 23rd time that has been going on since the 1950s.

Such an agreement was made in the 1970s dictatorship, 2001 economic and social crisis and 2018 bank race, granted $ 44 billion ArgentinaThe largest loan of the multifaceted organ.

For Argentina, the Billion announced last week 20 billion They have a “same” taste as described by the bacist aerial Kajorla.

This suspicion has been in Argentine comics, songs and comedy in the last 50 years. Comedian Pipo Sipootti said in a demonstration in the 1990s, “IMF employees are collected to solve the main problem of Argentina: IMF.”

In 1993, the parallelity between the debt and “Marmota Day” in the Argentine Press from the Premier of the “Time Spell” film is occasional.

‘It would be different’

President Javier Miley He assured that it would be different this time, because money was not enough to stop bleeding, but to allow the central bank to strengthen the central bank and release the stable currency control yesterday.

According to the election, some will rely on the bet of Argentine president with an approval rate of more than 40%. Retired Julio Tetelboim, 60, fills the break in public boxes left by Miley, Alberto Fernandez.

“There is no alternative except to fund the IMF for this government. He is doing things properly. For me, they are honest.”

For a political scientist at Buenos Aires University, for Belon Amio, the country’s version of Argentina expands the identity of Argentina. “The average Argentina knows that he has received IMF loans and imposes fund needs. The story is to tell the villain IMF to pay a loan at a very high rate. Dependence or the sense of imperialism.

For historian Felipa Pigna, historically, IMF loans are not meant to develop the industry or financial assistance to public work, for example, “completely financed with financial standards.” “The relationship with the background is fully determined by the lives of Argentine. You should pay IMF because you cannot allocate resources to build school. It’s dramatic.”

Pigna adds that there is an underlying problem of sustainability: “You develop the industry and you need to import it. Well, the size of Argentine exports is not enough to replace imports. It creates a negative balance covered with debts. It is one of the great bottles from the 1950s.”

With AFP.

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