Official sources maintained that “the important thing is that there is an articulated work of two officials who have known each other for a long time and who have a continuous link and dialogue.” “The trip is an articulated and strategic decision of both officials,” they added.
Guzmán ended his visit to Washington, where he met with officials of the International Monetary Fund (IMF), without having made substantial progress to reach an agreement with the agency.
The head of the Palacio de Hacienda will try to reassure US investors amid the uncertainty surrounding the outcome of the negotiations with the fund.
Spokesmen for the Ministry of Economy argued after the meetings that the agreement will be closed “when the conditions are in place, there is still a way to go. The faster the better, but the important thing is to do it well.”
They highlighted that after the meetings held in Washington, the G20’s support for the Argentine request that the IMF review the interest rate policy applied to countries that exceed certain debt ceilings was achieved.
If the IMF board approved this initiative, it would reduce the interest on the debt that the country maintains with the organization.
Meanwhile, financial sources in New York indicated that Guzmán and Manzur’s visit helps in the dialogue between Argentina and the IMF, and with the institution’s main partners, although there has been no progress in the negotiations.
The support of the United States for the proposal to eliminate interest rate surcharges opens the possibility that the main power in the world, which has a fundamental decision-making power in the IMF’s board of directors, supports an agreement with Argentina.
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