Negotiations with the IMF, the subject of the meeting between Martín Guzmán and Juan Manzur with investors in the US

Negotiations with the IMF, the subject of the meeting between Martín Guzmán and Juan Manzur with investors in the US

“We have centrally and punctually expressed the political decision and the will of the Argentine government to agree with the IMF. Obviously in terms that do not imply obstructing the development of Argentina,” said the official.

In that sense, he stated that “a positive agreement with the IMF is a national priority that involves all sectors of Argentine society.”

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The Argentine delegation described the meeting with investors as “very productive”

Guzmán was in charge of detailing in the meeting the progress of the negotiations and the strategy that the country is carrying out, said the Chief of Staff.

In turn, the minister agreed with the former governor of Tucumán by stating that “it was very productive” and specified that he granted them “The entire macroeconomic programming scheme, in which very important steps are being taken to reassure the Argentine economy.”

“Let us remember that in 2016 under the previous government, a good part of those who were present today began to invest in the country with an expectation of a path that later collapsed and that generated credibility problems”, assured.

Meanwhile, the Argentine ambassador to Washington, Jorge Argüello, stressed that the delegation’s attitude shows “the decision of a complete government to advance a sustainable and sustainable agreement with the IMF.”

The objective, he stressed, is to achieve a program that “includes conditions that establish a path consistent with the sustainability of debt maturities.”

“We had a very good working meeting in which all the issues, techniques and policies were aired”, Held.

The national delegation also invited investors to visit the country and meet with President Alberto Fernández to learn more about the local situation.

Investors who participated: Matías Silvani (GoldenTree Asset Management); Alberto Ades (NWI Management LP); Soledad López (Morgan Stanley); Ruben Kliksberg (Redwood Capital Management); Claudia Castro (Invesco US); Luis Simon (Goldman Sachs Asset Management); Martin Marron (JPMorgan); Gerardo Bernaldez (CarVal Investors); Gustavo Ferraro (Gramercy Management Company); Darío Lizzano (PointState Argentum); Fernando Grisales (Schroeders); Pablo Golberg (BlackRock); Gustavo Palazzi (VR Capital Group); Diego Ferro (M2M Capital); and Andrés Lederman (Fintech).

Meeting at the embassy

Previously, also at the Consulate headquarters, a working breakfast was held with the team from the Argentine Embassy in the United States and the delegation that is in that city.

The Argentine ambassador to Washington, Jorge Argüello, also participated in the meeting with the businessmen.

“In New York, with the Chief of the Cabinet of Ministers Flag of Argentina @JuanManzurOK. On the way to @ARGenNewYork where, with the Minister of Economy

@Martin_M_Guzman, we will share a meeting with an important group of investors in our country, “Argüello said this afternoon through the social network Twitter.

https://twitter.com/JorArguello/status/1449021527521964034

Official sources told Télam that Manzur, who arrived in the United States yesterday to accompany the government delegation headed by Guzmán, held a working breakfast with Ambassador Jorge Argüello and the minister’s economic team, of which also participated in Argentine consul in New York, Santiago Villalba.

As the Chief of Staff explained to the press on Tuesday, his trip to the United States has the purpose of “accompanying Minister Guzmán, at the direction of the president (Alberto Fernández)” in meetings in that world financial center.

Yesterday, Guzmán held bilateral meetings with his counterparts from Russia, India and Saudi Arabia, the Prime Minister of Barbados and the director of the G-24 Secretariat, Marilou Uy, as part of his trip to Washington, United States, to participate of the G-20 and the Annual Assembly of the International Monetary Fund (IMF) and the World Bank.

At the meetings, the head of the Palacio de Hacienda was accompanied by the director for the Southern Cone before the IMF, Sergio Chodos, and the head of the International Affairs Unit, Maia Colodenco, the economic portfolio reported in a statement.

The minister met with the Deputy Minister of Finance and deputy of the G-20 of Russia, Timur Maxsimov, and the dean of the Executive Board of the IMF of that country, Aleksei Mozhin, with whom “He continued to strengthen bilateral ties and coordination on matters of mutual interest.”

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