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Odessa American in Odessa, Texas

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Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jan 13, 2002

Page

10

Argentine official blasts IMF over economic guidance

Deputy Economy Minister Jorge Todesca criticized the IMF's monitoring amid Argentina's 4 year recession and 20 percent unemployment. He demanded less external commentary as the government works on a plan to stabilize the economy and bolster exports after the peso was floated. IMF Deputy Managing Director Anne Krueger noted an IMF delegation would visit next week for information and technical help.

Buenos Aires Argentina International Monetary Fund IMF Jorge Todesca Todesca Anne Krueger Latin America Eduardo Duhalde South America Krueger

Argentina Economy in Crisis as Banking Freeze Deepens

Argentina faces a fourth year recession with a sweeping bank account freeze and currency collapse. Protests erupt as savings are moved to fixed deposits, insulin shortages worry diabetics, and impounded goods are diverted to aid the hungry. Rio de la Plata mood dampens tourism and business. unemployment runs high amid rioting and store looting.

Buenos Aires Argentina Oscar Dellano Corral Fernando de la Rua Eduardo Duhalde Duhalde Ruben Orlando Alfredo Palmeiro Four Kings Hotel Afghanistan Mitos Argentinos San Telmo Hugo Garcia

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