Argentina exceeded the fiscal goals of the first quarter of this year committed to in the current agreement with the IMF and the organization’s first mission to Buenos Aires is scheduled for May.
The war between Russia and Ukraine has altered economic variables around the world, with a strong rise in the prices of grains and energy, added to the consequent increase in inflation at levels not seen for 40 years. These kinds of issues are probably present in the meeting between the minister and the head of the IMF.
Guzmán participated yesterday in Washington in the summit of ministers of Finance and presidents of Central Banks of the member countries of the G-20 and the International Monetary and Financial Committee. There they were in evidence the differences of opinion that led to that meeting between the different countries facing the war between Eastern Europewhich prevented the elaboration of a joint declaration.
The Argentine minister, like the representatives of all the emerging countries of the G20, refused to join a boycott by the United States, the United Kingdom and Canada against Russia in the context of the invasion of Ukraine. As they left the meeting, leaders from countries such as Brazil, Italy, Japan, Switzerland and Argentina remained in the room.
From the conclave of the Financial Committee, the differences in criteria that led to that meeting between the different countries in the face of the armed conflict became evident, which prevented the elaboration of a joint declaration. “The assessment made by the G20 countries about the positive role played by the National Congress in the processes of restructuring the external public debt and the agreement with the IMF is almost general”, Guzman said in his speech.
Source: Ambito
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