Luis Caputo will travel to the US to meet with IMF and IDB authorities

Luis Caputo will travel to the US to meet with IMF and IDB authorities

The Minister of Economy, Luis Caputowill travel to the United States to attend Spring meetings of the International Monetary Fund (IMF) and of World Bank, that will take place in Washington. The visit of Javier Milei’s government official will be the first after the agreement with the international credit agency that disbursed U $20,000 million and the exit of the exchange rate.

The meeting will be held in an international context marked by commercial tensions by the tariffs of the president of the United States, Donald Trump, which generate uncertainty in global markets.

Unlike previous occasions, Caputo will arrive in Washington with the institutional support of the IMF, after the agreement for US $20,000 million, which served to scan the BCRA reserves and consolidate the fiscal adjustment carried out by the government in its economic plan in its economic plan.

The economic team that will accompany Caputo in his vice in Washington will be made up of Santiago Bausili (President of the BCRA), José Luis Daza (Secretary of Economic Policy) and Pablo Quirno (Secretary of Finance), who were central part of the last negotiation with the IMF.

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Also, other members of the Milei cabinet will travel to the US capital with their own agendas. For example Federico SturzeneggerMinister of Deregulation, who will participate in a panel on economic growth in times of uncertainty.

Meanwhile, the Minister of Security, Patricia Bullrichwill expose on the links between transnational crime and the economy.

Luis Caputo’s agenda in Washington

During its stay, Caputo will hold meetings with key figures from the international financial scope, such as the head of the IMF, Kristalina Georgieva, Ajay Banga (from the World Bank) and Ilan Goldfajn (IDB). The objective will be to ratify the support received, as well as review the advances of the Argentine Economic Plan and analyze the challenges of the world economy.

On the other hand, the participation of the Minister of Economy in activities of the G20whose presidency this year exercises South Africa. The context of the meeting of the most important countries in the world will be marked by tension and the rispideces generated by Donald Trump’s tariffs.

The Minister will also present in a private meeting with international investors organized by JPMorganwhere he will explain the pillars of the Argentine adjustment, his sustainability and the effects that the current tariff war between tariff war between United States, China and the European Union.

At the moment, from the government a meeting with Treasury officials or the US Department of Commerce, such as Scott Besent or Howard Lutnick, was not confirmed, although it was expected to advance on commercial issues and in an eventual expansion of the Typha Agreement between the two countries.

Source: Ambito

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