The first deputy managing director of the International Monetary Fund (IMF), Gita Gopinathwill travel to the Argentina this week to meet with officials from the Government. The news was confirmed this Tuesday by a spokeswoman for the organization.
Julie Kozack communicated through his social account that the number two of the organization “will travel to Argentina this week to meet with government officials and others”. According to her, the official’s objective will be “know Argentina’s difficult economic and social challenges, as well as its vast potential.”
At the beginning of February, the IMF extended the duration of the credit program by US$44 billion for three months to give time to the new Government to implement its economic stabilization and reserve accumulation program.
Who is Gita Gopinath
Gopinath will travel to Argentina as deputy managing director of the Monetary Fund. She was born in Calcutta, India, on December 8, 1971 and was appointed as chief economist of the global financial institution in 2018.
Is degree in Economics from the University of Dehli and, in addition, he completed a master’s degree in Economics at the same institution. She also earned a master’s degree in Economics from the University of Washington in 1996 and a PhD in Economics from Princeton University in 2001.
In 2022 he was promoted to his position to replace Geoffrey Okamotoan economist who abandoned his role to move into the private sector.
Gopinath was surprised by the appointment: earlier that year she had announced that she would also leave the fund to work at Harvard University.
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Gita Gopinath – X
The IMF projections for the economy of Javier Milei
With the transfer of funds at the beginning of the month, the IMF expressed support for the change of course in the economic policy implemented by the president Javier Milei, although warned that there will be “stagflation”recession and inflation, in the short term.
This year, “inflation will accelerate in the short term as relative price imbalances and other price controls are unwound, although disinflation is expected to begin shortly afterbased on the application of restrictive policies,” the Fund highlighted.
In parallel, the IMF estimated a average inflation of 230% and 150% at the end of the yearand a fall in the economy of 2.8%, in its latest review of the World Economic Prospects, released at the beginning of the month.
Source: Ambito
