The minister traveled accompanied by the Secretary of the Treasury, Scott Besent, the president of the Central Bank, Santiago Bausili, the Deputy Minister of Economy, José Luis Daza, and the Secretary of Finance, Pablo Quirno.
The Minister of Economy, Luis Caputo, on Saturday arrived in Washington to advance the negotiations that will allow a financial support from the United States Treasury, In the middle of the tensions prior to the October 26 elections.
The minister traveled accompanied by the Secretary of the Treasury, Scott Besentthe president of the Central Bank, Santiago Bausili, the Deputy Minister of Economy, José Luis Daza, and the Secretary of Finance, Pablo Quirno.
The objective in the United States is to advance in negotiations with the government of Donald Trump to establish the coin swap for US $ 20,000 million.
Argentina, waiting for a United States aid announcement
The appointment will take place at the headquarters of the Department of the American Treasury and will be the official start of the Treatments to determine the way in which the assistance that the country will receive will be implemented. There is expected that there will be an ad or novelty before the markets open in Argentina, after a Friday with the dollar that closed at $ 1,450.
In recent days, Besent reiterated his support for Javier Milei’s government, insisted that is prepared “to do what is necessary” in order to stabilize the Argentine economy and confirmed that it works on SWAP.
“The United States Treasury is fully prepared to do whatever it is necessary and we will continue to closely observe the events,” Besent wrote on his X account.
In this scenario, the International Monetary Fund (IMF) emerges as a central actor. The agency maintains an active dialogue with the American treasure and the Argentine economic team, and would have asked the Milei government to expand internal political support to guarantee the viability of structural reforms and the accumulation of reserves.
The meeting between Caputo and Besent occurs in the middle of strong financial tension in the markets and after a week of pressure on the Argentine peso, which forced the treasure to intervene to contain a 7% increase in the official dollar.
The expectation is now concentrated in the announcement that both officials could make in the next few hours, which will mark the course of the economic relationship between Buenos Aires and Washington in the coming months.
Source: Ambito
