Pressing by the dollar, the Government accelerated contacts with Trump administration officials who are fundamental in the IMF’s decision process.
Neither Lerdo nor lazy, the president Javier Milei He returned to the ring. The president bet a full to build a viable relationship with the Treasury Secretary Scott Besent, who is, for the president Donald Trumpwhat in the series “Games of Thrones” was called “The King’s hand”.
This is the most powerful position of the “Seven Kingdoms”, the closest counselor of the King, designated and authorized to make decisions on behalf of the King. Besent It is also the Holy Word of the Trump Administration to unlock any short circuit that may arise among the IMF Staff bureaucrats, the agency’s board and the Argentine negotiating team.
Not for anything, and blessed by that overwhelming two-phase construction that is Trump-Musk, now Milei goes for a work of tweezers: on the one hand, almost in a mirror, and for a purely political reason that does not come to mind, the Decision to Besent, who decided not to attend the G20 summit in South Africa this week.
Thus, your minister Luis Toto Caputo will not be from the game. “The enemy of my friend is my enemy,” Milei seems to say, which instead will send to Cape City for the meeting that will take place on Wednesday and Thursday to the head of the Central Bank Santiago Bausili, Vice Vladimir Werning and the Secretary Finance Pablo Quirno.
Luis Caputo and Scott Besent.jpg
Hi Scott, how are you, I’m Javier Milei’s minister
On the other hand, in a phone call -which did not fill expectations of the Argentine mission in Washington -Minister Luis Caputo held a “introductory” (“introductory call”) conversation with Besent. The goal? What was said: There is no paradise at the IMF without going through Besent’s office And the deficit of linking with the brand new officials of Trump began to weigh in the expectations of the government, which hurried in recent hours the expected friendship.
Besent and Caputo were presented and “talked about the impressive reform measures of the Milei administration to reduce inflation, revive the growth driven by the private sector, reduce poverty and increase real wages.” The Treasury added that Besent “praised the Minister of Finance Caputo for the measures of macroeconomic and structural reform that reduce the burden of regulation on the private sector and that reduce the size and influence of the government.”
Georgieva waiting for the White House smoke
The government wants to advance in an agreement with the Monetary Fund. The objective is to achieve a disbursement that would be around US $1,000 million, although the adjustment variable would be the quantity and quality of these disbursements throughout 2025. Apart from the scenographic sequence of the Conservative Action Conference (CPAC) and of the White House Post “the innovative economic reforms of President Milei”, the visit of President Javier Milei to the IMF offices to meet with the head of the agency of Credit, Kristalina Georgieva did not contribute apparent novelties. “Today I received President Javier Milei at the IMF to talk about Argentina’s stabilization and growth plan,” said Bulgarian economist at the end.
Of course: the wink was the libertarian administration by ensuring that the economic plan that carries out to stabilize the Argentine economy “is giving significant results.” Will Trump’s support to Milei have a definitive influence among the IMF bureaucrats? “Everyone wants to keep their job, to Kristalina Georgieva,” says a source. It is worth to respect the IMF statute, but it also applies to do what the “boss” says, seeing the critical position Donald Trump has with multilateral organisms.
Source: Ambito
