“The conversation basically focused on the so-called IMF reviews. We are optimistic about the second review that will take place at the end of September and the third that will be at the end of December,” Argüello explained this morning in dialogue with Futurok radio.
He recalled that both Massa, like his predecessors in office, Martin Guzman Y Silvina Batakis; “They have always reiterated the commitment and willingness of the Argentine government to comply with the terms of the agreement, in particular with the deficit target of 2.5%” of GDP.
In turn, he stressed that in the IMF statement after the meeting, Georgieva highlighted the minister’s commitment “to achieve the goals” of the program.
Usually, “The balance that we make from the Argentine Embassy in Washington in the United States is very positive”since it was an “extremely intense” visit by the Economy Minister with official contacts with officials, international organizations and with “dozens of North American companies that invest or are thinking of investing in Argentina.”
“New channels of dialogue have been opened and we have found interlocutors who are very attentive to what is happening in Argentina”Arguello stressed.
In this sense, he considered Massa’s meeting with the Secretary of the Treasury, Janet Yellen, a “significant piece of information”, which was not scheduled in the minister’s initial agenda, because it is the “first time that Yellen has met with the Minister of Economy of Argentina” since he took office in January 2021.
In the meeting, interpreted as a sign of support for the IMF board’s vote on the second review of the agreement, “there was a frank exchange,” said the diplomat, who maintained that the result “It’s positive because it brings us closer and with better interaction”as the United States has “a determining weight in the IMF’s decision-making system.”
He also pointed out that the information exchange agreement between the AFIP and its counterpart in the United States, the Internal Revenue Service (IRS), is important, given that “we have the presumption that we are talking about a lot of money regarding the exchange of information. People who have dollars that he deposits abroad or buys properties abroad and does not declare it in Argentina,” he said.
The current agreement -product of an understanding reached in 2016- allows the request of data on people to investigate situations of tax evasion, and now it is sought “the automatic exchange of information on all taxes administered by the two agencies”.
“We are going to continue working in this direction; it is a priority for the Argentine government,” Argüello emphasized.
Source: Ambito
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