June 19, 2013
IMF issues 'vote of no confidence' against Argentina
The International Monetary Fund (IMF) issued a "vote of no confidence" against Argentina after considering it "has not done enough" to improve its statistics' measurement as required by the organization.
The financial organization has set a deadline for the country to reform its economic statistics, that is by September 29. The head of the Fund, Christine Lagarde, must inform to the board about the case on November 13.
The IMF had mainly two options to sanction the country: the vote of no confidence, and the explusion from the entity, among others.