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3. Argentina's priority should be to fight inflation and cut its primary deficit by two percentage...

3. Argentina's priority should be to fight inflation and cut its primary deficit by two percentage points by 2018-2019, said the International Monetary Fund (IMF) in a report. The IMF believes that "fiscal rebalancing would need to be based on further reductions in the generous and ill-targeted energy subsidies and on a rationalization of spending in many other areas, including public wages, goods and services, and discretionary transfers to the private sector". The inflation rate fluctuates around 24%. Use the I-S (loanable funds market), the money market to propose some macroeconomic measures that could help to stimulate the economy and fight the high inflation rate.

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