VOICED : Ministro recomienda una renegociacion rapida y amigable de la deuda argentina

VOICED : Ministro recomienda una renegociacion rapida y amigable de la deuda argentina

Assessment

Interactive Video

Business, Social Studies, History

9th - 12th Grade

Hard

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Argentina faces a significant debt challenge, with a total of $315 billion. The Minister of Finance, Hernán Lacunza, emphasizes the need for a swift and friendly renegotiation of this debt, regardless of the outcome of the upcoming elections. Argentina must regain access to voluntary debt markets, as no country can sustainably pay all debt commitments for an extended period. Lacunza and the Central Bank President, Guido Sandleris, are set to meet with the IMF's new director, Kristalina Georgieva, to discuss the situation. In 2018, Argentina agreed to a fiscal adjustment with the IMF in exchange for a $57 billion credit, of which $44 billion has been received. The country's debt is 68% of its GDP, and it is experiencing a recession and high inflation. The presidential elections are approaching, with Alberto Fernández leading the polls against the incumbent, Mauricio Macri.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary recommendation made by Argentina's Finance Minister regarding the country's debt?

To increase the debt amount

To ignore the debt situation

To default on the debt

To quickly and amicably renegotiate the debt

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are the key figures meeting with the IMF's new managing director?

The Central Bank President and the Vice President

The Finance Minister and the Central Bank President

The Finance Minister and the Minister of Foreign Affairs

The President of Argentina and the Finance Minister

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the amount of credit agreed upon between Argentina and the IMF in 2018?

$315 billion

$44 billion

$57 billion

$68 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated inflation rate for Argentina in 2019?

45%

50%

55%

60%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the leading candidate in the upcoming presidential elections in Argentina?

Mauricio Macri

Hernán Lacunza

Cristalina Giorgieva

Alberto Fernández