In this sense, the source spoke of an “incremental support” on the part of a group of directors, “at least 16 chairs”, although other countries have held back their support so far.
The Bloomberg news agency had reported earlier that in an informal meeting that took place a few weeks ago, the board had rejected the proposal to eliminate the policy of surcharges that the IMF charges to countries whose credits exceed the limit that corresponds to a country member for access to that loan. This is the case of Argentina and its stand-by agreement. Minister Guzmán has been demanding the elimination of this surcharge, an initiative to which Mexico joined and whose joint proposal was taken to the G20.
According to government sources, the mechanism with which the IMF works allows informal meetings in which preliminary opinions are raised, which once a proposal is agreed upon are submitted to the decision of the IMF’s Executive Board in what are called “formal meetings. ”.
It should be remembered that the Argentine government has brought to Washington two proposals for the repayment of the loan that could even condition its negotiation, on the one hand, extending the payment term to 20 years and, on the other, the elimination of the interest rate surcharge.
Regarding the negotiation in particular, the sources of the Economy maintain that a working table is under way with the IMF technical team (in fact, this week the meetings of Minister Guzmán in Washington continue) and that once this instance is advanced, It will require the approval of the board of the IMF and also of the Argentine Congress.
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