IMF: Argentina's new data not enough to end censure | Bangkok Post: news

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IMF: Argentina's new data not enough to end censure

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Argentina's new inflation measure is not enough to overcome the International Monetary Fund's censure of the country for inadequate data, an IMF official said. 

Picture released by the Argentine Senate showing Argentine Vice President Amado Boudou (L) and Economy Minister Hernan Lorenzino in Buenos Aires on March 30, 2013. Argentina's new inflation measure is not enough to overcome the International Monetary Fund's censure of the country for inadequate data, an IMF official said Friday

"Often the question arises of whether the creation of this index can remove of neutralize the censorship, and the answer is no," Miguel Savastano, the IMF deputy director for Latin America, told journalists.

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