Ventodivino
מגן ולא יראה
Sul sito del FMI (che mi sembra, da parecchi anni, fatto veramente bene) sono andato, per mia perversione, a leggermi l'intera conferenza stampa di G. Rice.
Si era speculato in passato sull' impossibilita' , eventuale, di un intervento del IMF nel caso in cui il sub-sovereign Provincia di Buenos Aires permanesse nel default.
Ecco la azzimatissima (come il personaggio) ma chiara risposta :
MR. RICE: Okay, thanks very much for that. On your question about the Province of Buenos Aires, again, as I said earlier I won't comment on this specific case. I mean, what I can say as a general matter, the IMF can only approve an arrangement if the relevant Fund policies are met.
This applies in every country. And in this regard, our lending into arrears policy does not apply to sub-sovereigns. So, again, I'm not commenting on the specific BA case, but that's our general stance regarding policy.
QUESTIONER: So, in general, you would not have to have all debt deals at a sub-sovereign level resolve in order to receive an IMF program?
MR. RICE: So, as I said, the only pre-condition for IMF lending is that our policies are met. As regards into arrears policy, it does not apply to sub-sovereigns.
Si era speculato in passato sull' impossibilita' , eventuale, di un intervento del IMF nel caso in cui il sub-sovereign Provincia di Buenos Aires permanesse nel default.
Ecco la azzimatissima (come il personaggio) ma chiara risposta :
MR. RICE: Okay, thanks very much for that. On your question about the Province of Buenos Aires, again, as I said earlier I won't comment on this specific case. I mean, what I can say as a general matter, the IMF can only approve an arrangement if the relevant Fund policies are met.
This applies in every country. And in this regard, our lending into arrears policy does not apply to sub-sovereigns. So, again, I'm not commenting on the specific BA case, but that's our general stance regarding policy.
QUESTIONER: So, in general, you would not have to have all debt deals at a sub-sovereign level resolve in order to receive an IMF program?
MR. RICE: So, as I said, the only pre-condition for IMF lending is that our policies are met. As regards into arrears policy, it does not apply to sub-sovereigns.
Transcript of IMF Press Briefing
www.imf.org
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