“It was a pleasure to meet with the minister Luis Caputo and the president of the BCRA, Santiago Bausili, and obtain updated information about progress to date within the framework of the new program Backed by him IMF “, The Bulgarian economist said in a message posted tonight on her “X” account.
In its first meeting after the loan for US $ 20,000 million, Georgieva He reaffirmed the support for the reforms promoted by the libertarian administration in order to improve the macroeconomic variables. “The IMF continues to support Argentina in its work for consolidating economic stability and achieving a better future for everyone,” he added.
Minutes later, the minister returned gentleness. “Excellent meeting where we share the progress of the economic program, especially in this difficult global context”he said and added: “Thank you very much Kristalina Georgieva!”
Luis Caputo and Georgieva highlighted the “solidity” of the IMF loan in a context of “high volatility”
According to a statement released by the Argentine government, during the meeting they shared “the vision of the positive market reaction To the implementation of the new program, confirming its solidity, even in a more challenging global context given the high volatility in the markets. “In addition, they dialogue about” the importance of the IMF in its role to preserve international financial stability “mainly through support to countries” with good policies such as Argentina. “
In addition to Caputo and Georgieva, the meeting participated Bausili, The Vice Minister José Luis Daza, The Secretary of Finance, Pablo Quirno, the vice president of the BCRA, Vladimir Werning and the Argentine representative before the IMF, Leonardo Madcur. “In this first meeting after the approval of the program, there was a recognition from the IMF authorities to the entire economic team and the Importance of continuing to work together Constructively, “Argentine authorities reported.
In addition to meeting with the Fund’s Manager, Caputo participated in a seminar organized by the JP Morgan Bank where he said that The government works in a series of reforms, including the tax, and after elections. He also assured that they will meet all the goals agreed with the International Credit Agency.
Caputo, Bausili, Quirno and Georgieva.jpg
Seconded by Bausili and Quirno, he Minister He spoke to an auditorium of around 200 investors and financial consultants of a hotel at the West End of New York. While the meeting was reserved, it transpired that he assured that the Government He is working on Tax reform which will cover the withholdings To the field and the Check taxamong other points.
At the end of the day, Caputo and the Argentine delegation were present at the first session of ministers of the G20 “macroeconomic issues and global financial stability.” At the moment, from the government a meeting with Treasury officials or the US Department of Commerce was not confirmed, such as Scott Besent either Howard Lutnick, although it was expected to advance on commercial issues and in an eventual extension of the Typha Agreement Between both countries.
Likewise, other members of the Milei Cabinet will also say present in the US capital with own agendas. For example Federico SturzeneggerMinister of deregulation, 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.
Source: Ambito
