The IMF and Minister Montas

[NewsWhore]

Economy, Planning and Development Minister Temistocles Montas has told reporters that the government will decidee whether or not to continue with the IMF Stand-by arrangement later this year. According to Hoy newspaper, the government will have to analyze the "delicate international situation" before taking a decision about future relations with the IMF. Montas referred to the price of oil, which has surpassed the US$80.00 per barrel mark, and the volatility of the New York Stock Exchange over the past few weeks as two major international concerns.

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