About, Ambit was able to learn that those who held the dialogue with members of Milei’s team were Rodrigo Valdes, director of the Western Hemisphere Department (WHD) and Luis Cubeddu, head of the mission of the International Monetary Fund. The conversation was an “initial contact” to coordinate a future meeting, they commented in the environment of the La Libertad Avanza candidate.
In journalistic statements, Milei recounted: “They have contacted us, let’s say, we have to set up the meeting, and in this context we believe that we have no problems with the fund, because, what is the key to all the fund’s programs? Download the deficit”.
Meanwhile, once the news was known, through a spokesman it was reported that: “The Fund regularly and routinely contacts a wide range of political and economic leaders, which also includes countries with IMF programs.”
In the opinion of the credit institutionthese contacts are important for understanding the views and opinions of the Fund and its members on the general objectives and key policies of IMF-supported programs”.
In addition, they clarified that, in the case of presidential candidates, “These contacts also allow staff to better understand key aspects of possible future economic policies.”
The intention of the interlocutors was to know Milei’s position regarding the Fund’s policies as well as to explain the status of implementation of the current Extended Facilities agreement. The response of Milei’s interlocutors was: “our only starting objective is to lower the fiscal deficit by 5 points of GDP” (both primary and financial).
In this sense, the officials of the agency expressed their satisfaction, stating: “We are on the same page.” Given this statement by the FM officials, the response of the Milei delegates was: “NIt is not about being aligned with the policies of the IMF, but rather with Argentina. We have to lower the deficit because we can’t pay it, we don’t want to issue”.
In addition, they reminded him that the IMF, although it is an important creditor, is “one more creditor, it only represents 10% of the debts of the country”, while they clarified that “we are going to respect the debts”, they commented who participated in the dialogue for La Libertad Avanza.
According to what was reported by Milei, the next step will be to hold a meeting, although a precise date has not yet been determined.
The IMF had already established contacts with economists from both the research team Horacio Rodriguez Larreta like Patricia Bullrich.
Source: Ambito
