Scott Besent will arrive in the country on April 14. For the Government it is a visit of great relevance at a time when the agreement with the IMF is imminent and while the tariffs are negotiated in the framework of the commercial war that Trump began.
The US Treasury Secretary, Scott Besent.
Gentileness: The country
The United States Secretary of the United States, Scott Besentplans to reach Argentina next week, in what will be a high profile visit after the official confirmation, this Friday, of the new agreement between the South American country and the International Monetary Fund (IMF). According to official sources from the US Department of Treasury, the formal announcement of the Financial Pact, valued at US $20,000 million, It will be published tomorrow at the official site of the agency, marking a key milestone for the Argentine economy.
Besent’s arrival, one of the main economic officials of the US administration, Not only underlines Washington’s support for the program agreed with the IMF, but also aims to consolidate the bilateral agenda in trade and finance. The secretary, known for his pragmatic approach and his role in the renegotiation of commercial tariffs globally, will seek to dialogue with local authorities on two fundamental axes: the strengthening of the agreement with the multilateral agency and the perspectives of a more balanced commercial relationship between the two countries.
The understanding with the IMF, which will be ratified this Friday by the Board of Directors, It represents a financial lifeguard for the economy of Milei, which faces a persistent shortage of reserves and the need to stabilize the exchange market. The program, as transcended, includes immediate disbursements to reinforce the coffers of the Central Bank, as well as fiscal adjustment commitments and structural reforms that the Milei government has defended as inescapable to get out of the crisis.
Besent’s visit, which It is expected to occur between next Monday and Wednesdaywill include meetings with President Milei, with the Minister of EconomyLuis Caputoand other senior executive officials.
The context of this visit is not less. Besent above at a time when the White House, under the management of Donald Trump, has prioritized a “Reciprocal Trade” policy (reciprocal trade), which could involve negotiations to reduce tariff barriers with strategic partners such as Argentina. In this sense, the presence of the Secretary of the Treasury also opens the door to discussions on how Argentina, according to the government, could align with the US commercial priorities, especially in a global scenario marked by economic tensions.
The confirmation of the agreement with the IMF this Friday, added to the arrival of Besent, projects a decisive week for the future of the economic plan. While the government celebrates this international support, Analysts warn that the real challenge will be to implement the required reforms without aggravating social tensions.
Source: Ambito
