Luis Caputo met with Janet Yellen, who praised important steps and asked to protect the most vulnerable

Luis Caputo met with Janet Yellen, who praised important steps and asked to protect the most vulnerable

February 29, 2024 – 15:46

The meeting was held in Sao Paulo, within the framework of the G20 finance meeting. “There is no doubt that this has been and will continue to be a difficult period of economic transition for Argentines,” said US Treasury Secretary Janet Yellen.

The Minister of Economy, Luis Caputo, met this Thursday with the Secretary of the Treasury of the United States, Janet Yellenwho stated that the government of President Javier Milei “He took important steps” in the fiscal, exchange and fight against inflation aspects but warned that the challenge of “protecting the most vulnerable” is of “vital importance.” The meeting was held in Sao Paulo, within the framework of the G20 finance meeting.

“There is no doubt that this has been and will continue to be a difficult period of economic transition for Argentines; protecting the most vulnerable during this transition will be a challenge, but it is vitally important”Yellen said in an open statement to the press before starting the meeting with Caputo.

The Joe Biden government official assured that “Milei’s Government has inherited an arduous task of stabilization but has already taken some important steps towards reestablishing fiscal sustainability, adjusting the exchange rate and fighting inflation.”

The US Treasury Secretary said she foresees a “active and constructive relationship” with the Argentine Ministry of Economy.

Source: Ambito

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