“It must be addressed by the Argentine authorities,” replied a source from the fund before the scope for the derivation to the Congress of the Agreement via DNU. The government seeks to accelerate the times for the pact to be seal as soon as possible.
With confirmation, as anticipated by the scope, that the government of Javier Milei will send to Congress the authorization request to sign the agreement with the International Monetary Fund (IMF) in format Dnu, What aroused criticism in the opposition, a source of the organism consulted by this means assured that the mechanism chosen is “a matter of domestic law.”
Asked specifically on the use of the DNU, the source referred to the response to the sayings of the spokeswoman of the Fund, Julie Kozac, Who this Thursday morning, said: “The specific process to achieve or seek the support of Congress must be addressed by the Argentine authorities since it is a matter of domestic law.”
The agreement will arrive in the next few hours to Congress to be ratified, given that when referred to as DNU it is already considered in force. Thus, the Government seeks to accelerate the times so that the pact is sealed as soon as possible and fresh funds arrive to reinforce the reserves of the Central Bank.
Earlier, the Minister of Economy, Luis Caputo, He spoke during a business meeting in Mendoza in which he referred to the words of President Milei in Congress last Saturday. “In the opening of sessions he talked about the agreement with the IMF. There will be an agreement for the first four -month period. We have agreed on how the economic program follows, “he said. The head of state expressed in his speech that the funds turned will not be new debt and will be used to clean up the BCRA accounts.
“The background never requested a devaluation. If there will be fresh funds to recapitalize the balance, the assets, of the Central Bank. That loan will not imply an increase in gross debt. That loan is going to the national treasure and the treasure will repribute debt that the central bank in its asset has (debt of the own treasure). The dollars will be supporting the liabilities of the central bank. CEPO, ”Caputo explained.
Source: Ambito
