Press Room
 

FROM THE OFFICE OF PUBLIC AFFAIRS

December 18, 2000
LS-1082

STATEMENT BY TREASURY SECRETARY LAWRENCE H. SUMMERS

We welcome and support today's agreement between the International Monetary Fund and Argentina and the announcement of support by the managements of the World Bank and Inter-American Development Bank.

We encourage the Government of Argentina to fully implement its enhanced commitments under the new program, which will help position Argentina for a restoration of confidence and renewed growth.