Sergio Massa travels to the United States this Monday to meet with the leadership of the IMF at a time when the organization’s board of directors will decide a disbursement of 7,500 million dollars. He will hold meetings with representatives of the World Bank and the IDB as well as with high authorities of the United States administration. Upon his return, measures will be announced to strengthen the income of the population.
Economy Minister Sergio Massa will travel to Washington this Monday to meet with authorities from the International Monetary Fund.
The Minister of Economy, Sergio Massa, will travel this Monday at the last minute to Washington to maintain meetings with authorities of the International Monetary Fund (IMF) at a time when the organization will arrange disbursements for the country. Also has scheduled meetings with representatives of the World Bank, the Inter-American Development Bank (IDB) and the Treasury departments and of State of the United States, as confirmed by official sources Ambit.
The head of the Palacio de Hacienda will be accompanied by the chief advisor of the portfolio, Leonardo Madcur and the secretaries Legal and Administrative, Ricardo Casaland International Economic and Financial Affairs, Marco Lavagna.
Not even the Vice Minister of Economy will participate in the trip, gabriel rubinsteinnor the Customs holder, William Mitchellwho will stay in the country advancing in the elaboration of different measures aimed at favoring SMEs, the countryside and industry, as well as sustaining consumption, which will be announced in the coming dayssay official sources.
Upon his return from the trip to the United States, Minister Massa plans to announce a package of measures with axes in the productive, social and labor spheres, whose “objective is the recovery of income due to the impact of the devaluation that the IMF forced to do”, advance in the Palace of Finance.
credits
Massa’s agenda in the northern country, in principle, will last for two days and will begin on Tuesday with a meeting with Anna Bjerde Director Operations Manager, World Bank and later with Ilan Goldfajn IDB President. In both cases, the credit lines for the country will be analyzed.
That day, the minister also plans to meet with Jay Shambaugh and Michael Kaplan of the US Department of the Treasury and in the evening he will have dinner with officials of the administration of Joe Biden.
A meeting with Brian Nichols Assistant Secretary of State for Western Hemisphere Affairs. In this regard, official sources indicate that the government of President Biden is concerned about democratic stability in Argentina. In the media of the Democratic administration, it is observed with distrust The growth of javier mileia figure that they associate with extreme right-wing positions such as those represented by donald trump in the U.S.
Massa will also meet the head of the IMF, Kristalina Georgievaon a key day, since it will be when the organization’s board of directors analyzes the Argentine program and it is expected that it will have a disbursement of funds for the country of 7,500 million dollars. For November the agency would transfer another 2,750 million dollars.
It should be noted that the Board of Directors already has in its possession the report known as the Staff report where the technical areas of the IMF carry out an analysis of the country’s macroeconomic situation and the risks they observe in the short term. Likewise, the directors will also be informed of the conversations that the staff had with both the teams of Javier Milei and Patricia Bullrich.
The purpose of economic management is to strengthen the reserve position of the Central Bank and have resources to be able to intervene in the exchange market in the event of turbulence.
Source: Ambito
