IMF's Georgieva Sees 'Genuine Change' for the Better in Argentina

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00:00We see a genuine change for the better in Argentina. Over the last two years,

00:08what have we seen? From negative growth to 4.5% this year, and this is slower than last year.

00:17Inflation from triple digits down to 28%. Deficit gone, instead of it there is surplus.

00:26Very important. Poverty trending down. And that means that there is something happening in Argentina

00:36that is good for the future of Argentina. If Javier Millet does not win the election,

00:42do you still have that optimism? Well, he will be there. He will be the president for some time to

00:50come. And I think that there is still fairly strong support in Argentina for getting the country to be

00:59a normal economy in which regulations are meaningful and for purpose. There is a very big regulatory

01:11house cleaning that is taking place in Argentina. So I expect that even if we are in a somewhat

01:19different place, and frankly, we don't deal with politics. It is for the people of Argentina to

01:25decide. But when you look at the strength of the economic position of Argentina, it's good to sustain

01:33the country going on that path.