an agreement with the IMF is coming

an agreement with the IMF is coming

For his part, the Minister of Economy, Martin Guzmán, through Instagram broadcast a photo at 9:00 p.m. where he is seen in his office accompanied by Sergio Chodos, Argentine representative before the Fund with the phrase “we keep working”.

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“When the details of the agreement are actually being negotiated, there is little information and a lot of rumours” comment those who have had experience in discussing a loan with the International Monetary Fund.

Since the last days of last week, the Government began to harden its position in the face of the demands of the Fund’s staff. Some argue that these requirements go through the fiscal path, others instead, through monetary and exchange policies.

In this framework, from the presidential environment they began to slip the possibility that the almost US $ 720 million that expire this Friday could not be paid to the multilateral organization.

About, everything is ready to release the payment when “the political order” arrives, commented official sources. Moreover, although the rumor was growing that the Argentine government was not going to pay the IMF, which triggered the dollar and the country risk, some estimate that this was “only a negotiation strategy” and that no serious consideration was ever given to not paying.

The truth is that during this week the negotiations continued at a breakneck pace and with the active participation of the president Alberto Fernandez.

This Thursday the President released his entire agenda to dedicate himself fully to the issue and held various meetings throughout the day at the Casa Rosada. At the end of the afternoon, the head of the Chamber of Deputies, Sergio Massa and the Minister of Economy, Martin Guzman he was online the whole time.

In the midst of negotiations against the clock, expectations are growing in official circles that “the deal is closer and closer and it can be announced soon.

It should be remembered that this Tuesday the deputy director general of the IMF, Gita Ginopath, before a question from Ambit he noted that he hoped there would be progress in the negotiations in the coming days.

Source From: Ambito

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