The IMF considered that the argentine economy has “touched bottom” and that the adjustment was “inevitable” – Nuevo Diario Santiago del Estero

The Fund indicated that it will experience "changes in the rate of growth" that will allow you to weather the recession of 2016. So what indicated the technicians during the conference the economies of the Western Hemisphere.

The official IMF talked in his speech with which "president Mauricio Macri focuses on the aspect of moving towards an economy predictable, ruled out and he contrasted that the inheritance which this Government had to face with economic distortions excessive".

In this sense, he said, the Argentina shows a level of social sensitivity and political important, and the will to achieve a consensus political forces to move forward on a national project over time.

For Werner, the economies of brazil and argentina, "bottomed out", and the strong impulse that "will start in the last quarter of this year," behind policy changes that were implemented and in the media that continue to see changes as positive in the economic activity of these countries."

The Fund predicted in its new report a growth of 2.7% for 2017, after a year 2016 where the economy of Argentina and Brazil bottomed out and will begin with a "change in the growth rate of more than 3%". However, it will be inevitable that this period the argentine economy resulting in a recession of 1.8%.

In terms of the fiscal situation, the Fund expects the economy to moderate slightly the numbers of primary deficit to be at 5.6% for this year and 5.1 per cent, to the next, where the gross government debt total will remain at about 50% of GDP. The primary expenditure, although it will remain high, at around 38% for this year, and 37.4 per cent for the next.

inflation, said the level of December of 2017 will culminate with an increase of 20% compared to the end of 2016, with an average inflation of 23%, "which is higher than the year-on-year, given that prices are slowing," he said.

in Respect of the investment, Nigel Chalk, an expert on the numbers in the country, estimated a growth of 2.7%. The conference took place while the argentine delegation headed by the minister of Economy, Alfonso Prat Gay, was participating in the Plenary Assembly of the Monetary Fund, and the secretary of Finance, Luis Caputo, is in meetings with international investors behind closed doors.

The context in which they develop the meetings of the pop of the finance world is a concern for the impact of medium-term Brexit, the protectionism in the world, and the results of the debate of the electoral campaign of the united States to respect, fear is acute in a scenario in which it prevails, Donald Trump as president of the united states.