The head of the International Monetary Fund, Kristalina Georgieva, He referred to the meeting he held this Thursday with the president Javier Milei in Washington, USA, where they analyzed the advance of the negotiations for a new plan. “Our teams continue to work for new the program with the IMF”said. The discussion points of the agreement.
Within the framework of the visit to the United States for CPAC Conservative Summit, The Argentine head of state visited the headquarters of the International Credit Agency to meet with the Bulgarian economist. “Today I received the president Javier Milei in it IMP To talk about the plan stabilization and growth From Argentina, “he said.
He then sent a wink to the libertarian administration by ensuring that the economic plan that carries out to stabilize the Argentine economy “It is giving significant results.”
In that line, the head of the Fund referred to the negotiations carried out by Milei and the economic team led by Minister Luis Caputo to arrive at a new agreement that enables new disbursements. “Our teams continue to work constructively in pursuit of a new program with the IMF,” he closed.
Milei’s meeting and the delegation that traveled to the US with the head of the Fund was completed at the headquarters of the International Credit Agency and is part of the talks that embodies the libertarian administration with the agency for the design of a new agreement that, according to the president, only “He lacks the bun.”
Caputo You will seek to specify your promise to close the understanding during the first four -month period, after ensuring that everything is “Virtually agreed.”
Last Monday, during the interview with the TN channel on the $ Libra scandal, Milei also spoke about an eventual agreement with the IMF and the implications it will have on the dollar and inflation. In that line, he said that this year the exchange restrictions will be eliminated.
“On December 31, 2025 there will be no more stocks”said Milei regarding the liberalization of exchange regulations. “At some point in this year the stocks will be lifted,” he reiterated.
Regarding the conditions that should be given for that to happen, the economist put all the chips to the disbursements that come from the IMP “That will depend on the agreement with the fund and how disbursements are structured,” he explained. When larger are initially, the stock will be lifted before.
Possible encounter scenarios
Several analysts outlined several scenarios on the result of the meeting, each with important implications for the national economy:
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Integral Global Agreement:
In the most optimistic scenario, Argentina could close an agreement that provides significant funds to strengthen international reserves and modernize the financial system. This agreement would include a stepped disbursement scheme and flexible conditions, allowing the government to implement reforms gradually and controlled, without generating a net increase in debt.
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Initial protocol with monitoring commitments:
Another possibility is the signing of a preliminary agreement that activates a first phase of resources. Under this modality, a commitment would be established to continue negotiations and define in detail the total amount and disbursement calendar. This progressive approach would allow the country to adapt to the changing conditions of the market and adjust its economic policy according to emerging needs.
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Renegotiation of conditions and restructuring of liabilities:
A third scenario contemplates the possibility of rethinking the previously established conditions, focusing on a debt restructuring. In this context, part of internal liabilities could become commitments to the IMF, relieving pressure on reserves without increasing public debt. This strategy, although more complex, could offer a medium -term solution for current financial challenges.
The concretion of an agreement with the IMF would have deep effects on the Argentine economic landscape. Internally, capital injection would allow stabilizing the exchange market, strengthening the Central Bank and improving liquidity in the coffers of the country. Likewise, a well -structured plan could facilitate the implementation of fiscal and administrative reforms that generate trust in both citizens and in the business sector.
Source: Ambito
