First woman heading IMF means business

For the first time in its history, the International Monetary Fund has censured a member country for the poor quality of its economic data, after the Fund announced Friday it was issuing a “declaration of censure” against Argentina.

There is an overall tendency by numerous governments to provide false or misleading data in order to prevent sanctions for non-compliance with international agreements….Press Release No. 13/33 – Statement by the IMF Executive Board on ArgentinaLagarde IMF

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