The sources consulted confirmed Argentina’s participation in the meeting through the presence of Chodos, who is a key player in the negotiation scheme for the agreement with the IMF to reach a new program for the debt contracted for US$44 billion. for the management of Cambiemos.
Meanwhile, it was noted Minister Guzmán will have the opportunity to participate in the meetings remotely, as allowed by the organization of the G20 and how it happened on other occasions.
The meeting of finance ministers and central bank presidents from several of the countries that are part of the IMF directory is taking place at a time when Argentina is seeking international support to close the agreement already announced two weeks ago and which is in a final negotiation stage.
In this same area, Argentina had already presented to member countries its request for the suspension of interest rate surcharges in IMF loan programs, which allows solving the financing problem in the context of the Covid-19 pandemic crisis. 19.
The government’s request was supported by the G20 at the last summit of presidents held in Rome in October, which called on the IMF to review its policy of surcharges on exceptional loans granted by the entity, a request led by the Argentina and Mexico.
Official sources point out that the Government “works with the conviction that the necessary votes of the board will be obtained to approve the agreement”, instance in which the director of the IMF, Kristalina Georgieva, will raise for the analysis of the representatives of the 24 member countries.
In this way, the possibility that Argentina could go into default at the due date scheduled for the end of March for some US$3 billion is also ruled out, since it is hoped that the agreement will be approved beforehand by the Argentine Congress and of the members of the Fund.
Source: Ambito
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