The Argentine who arrived the highest in the structure of the International Credit Agency lowered expectations for a new agreement with the country. Consider that a weight devaluation is possible.
In the midst of government negotiations with the IMF, the former director for the western hemisphere of the body, Claudio Loser, repaired the new agreement and He ruled out that they will disburse more than 40% of the approved amount. Trump “is not interested and will not be able to push,” he said.
“The fund I don’t think that more than 40% in the initial disbursement. President Donald Trump, who says he is friend, is not interested and will not be able to push in that because many others will oppose: there are 190 countries in the agency“He said Loserthe Argentine who arrived higher in the IMF.
As for the details of the agreement, Loser evaluated that “They must be at this time speaking strongly that the exchange rate is moved”he said in an interview in C5N. This demand is sharply denied by the Government, but it is a permanent consultation in each interview with libertarian officials.
For Loser, if the government “gives a much smaller amount (on the first disbursement), perhaps not, but they will certainly tell him that he has to increase reserves. I do not think the conditionality changes for the amount they give at the beginning“
Beyond the amount of disbursement that is agreed, Loser is exceptional about the benefits that would bring the country. “Argentina is going to have to put more hard monetary measures to maintain dollars and weights or will have to move the exchange rate“He warned.
In a world convulsed after the new donald Trump tariff policy, the former prediction official that the Government “VAA have to devalue or have to raise the internal interest rate, so that the weights are not going so fast. The credit will be more expensive, and economic activity will not grow. Argentina cannot completely isolate. “
The IMF announced that it reached a technical agreement for US $20,000 million with Argentina
After months of negotiations, Argentina reached an agreement at the technical level with the International Monetary Fund (IMF). The multilateral credit agency confirmed that it will be for US $ 20,000 million and will have a period of 48 months. In the next few days it will be treated in the Directory of the organism.
He Background announced tonight that an understanding was reached with the government of Javier Milei for the new “Integral Economic Program” that within the framework of the “Extended Service” for a total of 15,267 million special turn rights (DEG). The total amount is equivalent to 479% of the country’s fee.
Source: Ambito
