Argentina will request to participate in the Resilience and Sustainability Fund (FRS) organized by the International Monetary Fund (IMF), but the money will enter in the period 2023. The approximately US$1.3 billion that the country could claim will be requested by Sergio Massa and the officials who will participate in the negotiations that the Economy Minister will face in Washington in the coming days; but knowing that any approval will not arrive before the end of 2022, and that it will become part of next year’s exercise. For the Government it is not bad news; since it is beginning to think, at the request of what the Secretary of Economic Programming, Gabriel Rubinstein, is preparing, in the next year, where dollars will be needed quickly to face the most important thing that the ruling party has in mind politically: the presidential elections. The millions of dollars from the FRS would serve to develop a more solid exchange structure, bearing in mind that, fundamentally, the electoral campaign should be carried out in situations of calm and stability.
Source: Ambito
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