He added that countries “do not have the capacity to fight in the necessary way to achieve an effective resolution to the sovereign debt crisis and it is clear that we need reforms.” His words were in the same vein as his mentor, the Nobel Prize in Economics Joseph Stiglitz.
In the last hours, an article by the Bloomberg agency warned about an alleged rejection of the agency to comply with that premise.
Bloomberg had released a request last month at an IMF board meeting: “The Board rejected a proposal to discuss temporary relief from surcharges,” according to the agency. But the government denied that information: “It is a note without support and without sources”, assured sources of the economic team, who highlighted that in Bloomberg’s own material “the IMF stated that there are no definitions and the Ministry of Economy the same “.
This morning, the Minister of Economy, Martin Guzman, led a meeting with the president of the Central Bank of the Argentine Republic (BCRA), Miguel Pesce, and their respective technical teams. Some of the IMF staff also participated, led by Julie Kozack and Luis Cubeddu.
During the meeting, which was held at the Argentine embassy, officials discussed technical aspects of the negotiations on a new program to replace the failed stand-by signed by the Juntos por el Cambio administration in 2018.
The meeting was also attended by the director for the Southern Cone before the IMF, Sergio Chodos, the second vice president of the BCRA, Jorge Carrera, and the deputy general manager of Economic Research of that entity, Germán Feldman.
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