The president of the IDB has not yet approved the disbursement of US$500 million to Argentina

The president of the IDB has not yet approved the disbursement of US0 million to Argentina

Claver Carone is the same one who previously said that the IMF’s extraordinary credit to the government of Mauricio Macri was ordered by then President Donald Trump to support him in his search for re-election. He admitted it when he was making his defense as a candidate to lead the IDB.

Carone had been the representative of the United States before the board of the Monetary Fund when the events occurred.

The president of the IDB, on this occasion, blocks the accreditation of foreign currency, arguing that he is being investigated for a series of complaints against him: one for embezzlement and the other for “lack of ethics”, according to the institution’s codes.

The Argentine government considers that to be an excuse. “Hide the money. It became a diplomatic problem. All deadlines have expired. The last date that Argentina could tolerate was June 30, ”they complain in official dispatches, according to Pagina 12.

Alberto Fernández himself had asked at the last summit of the Americas in Los Angeles that Claver Carone be removed stating that “the Regional Development Bank, without further delay, has to return to Latin America and the Caribbean in its governance. The IDB requires a capitalization process to have more and better means of financing.”

However, the request has not had an echo until now, and the American remains in his position; before the technical protection that his arrival to the place is the result of the vote of the members and that there is nowhere in the statute of the entity a legal impediment for a citizen of that country to be elected. Given this reality, the claim of the Argentine head of state was not taken into account.

Source: Ambito

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