IMF criticised in report on Argentina

The IMF has been urged to have clear "stop loss" rules when deciding if its support for a country's policies was working or if a more fundamental change was needed.

According to the IMF's Independent Evaluation Office the Fund should make clear that continued support in dealing with future crises depended on a change in the country's policies when the sustainability of a country's foreign exchange rate or debt was questioned.

The internal monitor's report on the Fund's engagement in Argentina f