Marathon meeting between Argentina and the IMF in Rome

Marathon meeting between Argentina and the IMF in Rome

The important of the meeting could be divided into two registers, although there is more. On the one hand, there are several meetings that have been taking place, which shows some setbacks in the calendar that the Government had planned for this time of year and in order to advance in an agreement to agree on the repayment of the US $ 45,000 millions owed to the IMF.

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Ministry of Economy.

Without going any further, Guzmán himself already met with Kozack last Friday, after the conclave between the president had concluded. Alberto Fernández and the head of the IMF, Kristalina Georgieva. And they had also met only a few weeks ago, also in Rome. To that sequence must be added the statements of President Alberto Fernández, yesterday, in Edinburgh, in the hours prior to his first participation in the COP26 Climate Summit that is taking place in the city of Glasgow. Fernández spoke with the media present that accompany him on his tour once he arrived at the Double Tree Hilton hotel, he said that “The negotiation process is there.”

“Martín and Béliz stayed in Rome with the team. I think that what made a lot of sense for Argentina is that we came here to discuss what is happening in our part of the world. The post-pandemic world is a suffering world. Where there are many countries in debt. Where there are many countries in crisis ”, he completed.

When Ambit asked President Fernández about his last meeting with Kristalina Georgieva, said: “The negotiation is progressing with the difficulties that the negotiation entails. There are many competing interests. There is a financial world that has shown a failure and that is reluctant to change and accept the crisis that it has generated. Dinner was good. It was a good reunion. We said things frankly to each other, we ratified our desire to fulfill our commitments, but not at the cost of putting people off ”. This journalist asked him what a “good” meeting meant. “It was fruitful,” said the President, and continued: “We are looking for mechanisms to continue moving forward and find points of agreement. We talked about the flight attendants, he told me that it was scheduled to be analyzed in December. I am leaving satisfied. With the haste to find a solution, the Fund teams were left with Martín and Beliz at the head ”.

Another point is that the meeting not only seems to have a technical character, but a political component has also been added. The participation of Beliz and Okamoto could be relevant in this regard regardless of the definition of Fernández himself, who yesterday explained that “It is evident that Argentina cannot pay 19 billion dollars next year, we are working so that we can reach an agreement that is sustainable. That development is not postponed and a plan that costs socially and that can be fulfilled in time is not imposed on us. It is clear that what Macri signed is impossible to comply with and it is clear that it was an agreement of a plan proposed by the Fund and that its failure was demonstrated in the first review ”.

Source From: Ambito

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