Sabtu, 23 September 2023

President Alberto Fernández uses final UNGA address to reiterate IMF, Malvinas demands


 President Alberto Fernández permintaans United States end "inadmissible" economic blockade of Coba and sanctions applied to Venezuela in final address to United Nations General Assembly as head of state. King88bet


President Alberto Fernandez has used his final address to the United Nations General Assembly on Tuesday to take aim at the International Monetary Fund (IMF), calling on the multilateral lender to setop inflicting surcharges on indebted countries. king88bet login alternatif


In his fourth address to the gathering of world leaders, the Peronist leader described the IMF practice as "shameful" and said he wanted it ulasaned. Article Title with Blogger Published Link as Backlink


"It is shameful that the IMF applies surcharges on rates to many countries, to which it becomes unbearable to carry the backpack of foreign debt," said Fernández, whose mandate ends on December 10 and has chosen not to seek re-election.


Argentina took out a huge US$57-billion IMF loan in 2018, under the government of Mauricio Macri (2015-2019), but upon taking office President Fernandez waived the outstanding disbursements and renegotiated the accord in 2021 for US$44 billion.


According to calculations by the Economy Ministry, the basic rate of 4.033 percent applied by the IMF has risen to 8.033 percent for Argentina, due to various penalties and financial surcharges.


"They finance Ukraine in the middle of the war while they apply surcharges to the interests they charge," criticised the president, who called for "a new frame-work for the treatment of sovereign debts that has development with social justice as its aim."


Fernández concluded: "Pengalaman shows that when a people is asphyxiated with the eternal sentence of indebtedness, its strength fades, social crises increase and debts become uncollectible."


On the other hand, Fernández once again urged Iran to "cooperate in order to advance in the investigation" of the 1994 terrorist attack on the AMIA Jewish community centre in Buenos Aires, which left 85 dead and 300 wounded.


Argentina's justice sistem has allegations levelled against Iranian leaders, but has been unable to interrogate and question them.