Luis Caputo will meet with the US Treasury Secretary

Luis Caputo will meet with the US Treasury Secretary

The meeting will take place within the framework of the G20 summit, held in the Brazilian city of Rio de Janeiro.

Mariano Fuchila

The Minister of Economy, Luis Caputowill hold a meeting on Friday with Janet Yellenwho serves as United States Secretary of the TreasuryThe meeting will take place within the framework of the G20 summitwhich is being held in Rio de Janeiro, Brazil.

In addition, Caputo plans to meet with the presidents of the Inter-American Development Bank (IDB), Ilan Goldfajnand the World Bank, Ajay Banga; as well as a meeting with the Undersecretary of International Affairs of the Treasury, Jay Shambaugh.

The meetings with the presidents will take place in a context of strong volatility in the stock market and in the parallel dollar markets in Argentina, which became more noticeable after the announcement of Caputo that the BCRA began to intervene in the financial exchange rates to contain the gap with the official market.

The minister is expected to provide Yellen with details of the economic plan promoted by the Javier Milei administration, and the new agreement that is being considered with the International Monetary Fund (IMF).

In a packed agenda, she will also participate in a panel on “Unlocking finance to achieve climate goals and sustainable development” and “Financing development: links between debt, capital flows and reform of the Multilateral Development Banks.”

Luis Caputo’s meeting with Kristalina Georgieva in Brazil

As Ámbito reported, the Minister of Economy Luis Caputo held a meeting with the head of the International Monetary Fund (IMF), Kristalina Georgieva, in Rio de Janeiro within the framework of the G20.

“We discussed the strong performance in the fight against inflation, fiscal consolidation and support for vulnerable people”the Bulgarian official said on her X account. “We are committed to supporting the government’s efforts to turn the economy around for the benefit of the people,” she added.

The key objective of the minister in this meeting with Georgieva is to resume negotiations for request a disbursement of money to the IMF to deal with the fall in reserves and give air to the economic plan of Milei.

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Source: Ambito

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