“We also highlight the importance of the implementation according to the program signed with the IMF to face the enormous challenge of containing inflation”, Georgieva added.
The agency’s director also said that “the implementation of the program and the Argentine commitment expressed by Minister Massa’s team has left us satisfied.”
“I really enjoyed seeing the photos of President Fernandez’s son and seeing him grow strong as we hope Argentina will grow and that his happy face when he talks about the child can also spread to the entire Argentine people,” he said.
Asked about the changes in the Ministry of Economy that have taken place in recent months, Georgieva replied that this is “a sovereign decision.”. “We concentrate on what must be done,” he said about his role at the head of the entity.
In the same line, highlighted the work of former Minister Martín Guzmán as well as the meeting he held with the former head of the Palacio de Hacienda, Silvina Batakis. Regarding the latter, he said that he welcomed her accompanying Sergio Massa on his trip to the United States. “Three ministers, one program, one goal,” he summarized.
“Massa is proof that the government is the owner of the program, and that the Fund is there to continue providing support in the future,” he considered.
The meeting took place after the IMF announced this morning that it had approved the second review of the extended facilities agreement that would be granted to Argentina to refinance the US$44.5 billion debt contracted by Mauricio Macri’s administration.
“The deal is subject to approval by the IMF Executive Board, which is expected to meet in the coming weeks. Once the review is complete, Argentina would have access to around $3.9 billion (SDR 3 billion)”indicated the organism.
Source: Ambito
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