The bimonetary economy once again became the focus of a new discourse Cristina Fernandez de Kirchner, This time from the headquarters of the National University of the West in the district of Merlo. In this regard, he referred to the situation of the Argentine foreign debt and the negotiation carried out by Javier Milei’s administration with the International Monetary Fund.
In this context, the former president analyzed that “it would be good to warn that It is not about achieving, as is being rumored, that they enable the loan tranche that they had granted to Macri of US$12,000 million that we do not use to pay debt because we would be in the same situation.”
In return, he gave the president a suggestion: “I would take advantage of this momentum to see if I can achieve a payment schedule that is compatible with our country’s payment capacity.. I’m not talking about not paying. Also, you have to claim the elimination of surcharges Because in the end they decide to lend us something outside the regulations and punish Argentina for that.”
However, despite the warnings, Cristina left an unexpected compliment to Milei, in reference to the departure of the director of the IMF for Latin America and the Caribbean, Rodrigo Valdes. “I will give him credit for one thing: he managed to get this Mr. Valdés removed, who does not seem to be a great friend of Argentina. I would have liked to see others take that initiative… but let’s leave it there,” he said, taking a dig at Alberto Fernández’s administration.
Cristina Kirchner’s speech in Merlo
In the framework of his speech, which was attended by the Governor Axel Kicillof, mayors and other Peronist leaders, Cristina Kirchner renewed its Criticism of Javier Milei: ““Get rid of Friedman, get rid of the Austrian school, get the Argentine manual and start governing”.
“The Government defends an inflation rate of 3% to 4% per month as a successwhen in reality, in the context of a deep economic recession, this represents a social tragedy,” said the former president, adding: “Milei talks about a lag in inflation of 18 to 24 months. I excuse him, but he does not have a stabilization plan.”
In addition, he proposed a new Representation challenge for the CGTconsidering that “although in Argentina we maintain the highest unionization rate in Latin America, an informal world has emerged.” In addition to nuclear to unregistered workersput forward the proposal that those low-income formal employees begin to receive social benefits to meet the Basic Basket.
IMF: Luis Cubeddu will be in charge of negotiations with Argentina
The owner of the International Monetary Fund (IMF), Kristalina Georgievasupported this Friday the director of the organization for Latin America and the Caribbean, Rodrigo Valdes, at odds with Javier Milei, and confirmed that the negotiations of the Argentine case will be in charge of Luis Cubeddu.
“I have full confidence in Rodrigo Valdés to lead the work of the IMF’s Western Hemisphere Department. He is an outstanding economist, a dedicated international official, and a wonderful colleague,” Georgieva said in a brief statement.
Regarding Valdés’ disengagement from the supervision of the Argentine case, despite being the highest authority in the Western Hemisphere, Georgieva said: “I trust in Rodrigo’s opinion in all aspects, including the decision to delegate the negotiations of the IMF program with Argentina to his deputy, Luis Cubeddu.”
The organization’s support for the Western Hemisphere director is logical, as is the decision that the official will no longer have dealings or interference with Argentina given the harsh accusations of bias expressed by President Javier Milei on more than one occasion.
Source: Ambito
