EFTA Document EFTA01361444

fail in his mission to prevent a junk rating for Latin America's largest economy, said John Welch, a strategist at Canadian Imperial Bank of Commerce. "His credibility and ability to deliver is diminished," Welch said in a phone interview. "He thought he'd be in charge of the economics but not the politics of the adjustment." The Finance Ministry reiterated its commitment to fiscal austerity measures and said it would seek to review mandatory public spending in order to reduce overall de