Argentina
Cover -- CONTENTS -- STABILIZING THE ECONOMY -- OUTLOOK AND RISKS -- PROGRAM IMPLEMENTATION -- ENTRENCHING FISCAL DISCIPLINE -- BRINGING DOWN INFLATION -- IMPROVING TREASURY DEBT MANAGEMENT -- IMPROVING GOVERNANCE AND FIGHTING CORRUPTION -- PROGRAM ISSUES -- EXCEPTIONAL ACCESS CRITERIA -- STAFF APPRAISAL -- BOX -- 1. Improving Governance in Argentina -- FIGURES -- 1. Recent Market Developments -- 2. FX and Monetary Developments -- 3. External Debt Sustainability: Bound Tests -- TABLES -- 1. Selected Economic and Financial Indicators -- 2. Summary Balance of Payments -- 3. Consolidated Public Sector Operations -- 4. Federal Government Operations -- 5a. Summary Operations of the Central Bank -- 5b. Summary Operations of the Banking Sector -- 5c. Summary Operations of the Central Bank (Monthly 2018) -- 5d. Summary Operations of the Central Bank (Monthly 2019) -- 6. External Debt -- 7. Public Debt -- 8. Federal Government Gross Financing Needs and Sources (USmn) -- 9. External Gross Financing Needs and Sources (USmn) -- 10. Schedule of Reviews and Purchases -- 11. Quantitative Performance Criteria and Indicative Targets -- 12. Structural Program Conditionality -- 13. Indicators of Fund Credit, 2018-26 -- 14. External Debt Sustainability Framework, 2013-23 -- ANNEX -- I. Public Debt Sustainability Analysis -- APPENDIX -- I. Letter of Intent -- Attachment I. Memorandum of Economic and Financial Policies -- Attachment II. Technical Memorandum of Understanding