The Minister of Deregulation and Transformation of the State, Federico Sturzeneggerhe met Sunday with the director of the International Monetary Fund (IMF), Kristalina Georgievain the middle of the open negotiation table between the agency and the country for a new agreement.
The meeting took place in the city of Al-ULA, in Saudi Arabiawhich between this Sunday and Monday will be the headquarters of the first global event of the new committee announced a few weeks ago by the IMF, which will be carried out as a name “Al-ULA Conference for Emerging Markets Economies” (Conference for Emerging Markets Economies).
Within that framework, she held a meeting with the director’s director, Kristalina Georgievawhich posted in his account of the social network X (former Twitter) a few words of praise to the Argentine official with a photograph in which they pose together.
In the post, the head of the International Credit Agency said: “excited for her participation in the new advisory council of the IMP On entrepreneurship and growth, your experience in reducing bureaucracy will be invaluable. ”
GEORGIEVA Kristalina’s praise to Javier Milei’s economic plan
In the post, Georgieva also said some words in which he praised the measures of the Milei government regarding the deregulation of the State and the elimination of the bureaucracy, as part of the plan that Sturzenegger carries out in its function within the cabinet.
“Excellent encounter with @Fedesturze discussing Argentina’s efforts to deregulate the economy and create space for a vibrant private sector,” celebrated the IMF director.
Luis Caputo said that “the IMF loan will be the first four -month period” and will not represent a new debt
In previous statements, the Minister of Economy, Luis Caputo, had advanced that the IMF loan “goes to be for the first four -month period ” And he said he will not represent a new debt. He also pointed out that The next inflation number “will be the lowest” of the current management and denied that the dollar “is late.”
“The agreement implies new silver and not new debt”said the head of the Palace of Finance on Tuesday, in statements to the press, in which it provided new details about the disbursement that the international credit agency will send to Argentina. “With that, the treasure will repurchase debt to the Central Bank, the public sector is replaced as a creditor,” pointed out.
The minister also referred to the reaction of the markets in recent days, where actions and bonds were reflected, in addition to an increase in country risk above 700 points. “It seems to me that what happened a little in the market is somewhat more punctual in the market, what happened was that the market anticipated the payment of the January coupons”he explained in statements to Radio Rivadavia.
According to Caputo, like him disbursement From January “it was a lot of money, so many imagined that once that silver entered it was going to have to reinvest and that was going to generate a greater rise, and the market usually anticipates those things.”
Source: Ambito
