In this framework, only with the direct and clear support of the United States, which holds 17% of the shares in the organization and influences the votes of a large part of the West, could there be changes in the goals signed within the Extended Facilities. And not much else. Something that would have to be ruled out in Buenos Aires is the alternative of renegotiating the agreement with other terms, less harsh than those signed last March 25 by Martín Guzmán. This, Argentina knows, cannot even be raised.
This should be taken into account by Alberto Fernández when making a decision, after having received at dinner with Cristina Fernandez de Kirchner last monday in Olives, the vice president’s message that in a short time Argentina will have to present to the IMF a general review of Extended Facilities and terms closer to those that Kirchnerism has in mind than those negotiated by Guzmán.
The former minister, on the other hand, left a message to his successor Silvina Batakis when he left office: there will be no possibility for the body’s board to accept changes in the current Extended Facilities, unless, obviously, there is some kind of political agreement of a very high level between Fernández and Biden. And that later, the North American president influences directly so that the other member countries of the IMF directorate bend to the mercy that the North American head of state would ask to help, once again, Argentina.
Guzmán had made contact with the IMF men on Saturday afternoon, already when his exit-revenge operation had been finalized. The conversation was awaited with the same intensity both in Buenos Aires and in Washington, from where they wanted to understand what was happening in Argentina.
Not because of ignorance of the Creole political reality, given that the IMF has more than privileged information about the crisis between Albertism (or what was left of it) and Kirchnerism. The question that arose yesterday afternoon in the organization was what Alberto Fernández thought about the continuity of the agreement approved on March 25 in Washington. More specifically, if Argentina thought of continuing with the agreement or would it denounce it as politically fallen and, consequently, would call for a renegotiation.
Source: Ambito
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