IMF: Luis Caputo had a meeting with Kristalina Georgieva and they agreed on the priorities for Argentina

IMF: Luis Caputo had a meeting with Kristalina Georgieva and they agreed on the priorities for Argentina

October 24, 2024 – 15:14

Georgieva explained that there is “an agreement on the country’s priorities.”

“Very, very good meeting,” said the head of the IMF, Kristalina Georgieva, after taking a photo with the Minister of Economy, Luis Caputo, in Washington. Georgieva explained that there is a “an agreement on the country’s priorities.”

He revealed that he congratulated the minister “for the award he received, which is very deserved, because we observe the objective and economic indicators of Argentina and we see the improvements,” according to media in Washington.

In the midst of progress towards a new negotiation with the International Monetary Fund (IMF), the Minister of Economy and other members of the economic team They met this Wednesday with the Managing Directors of the Monetary Fund.

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Caputo’s first meeting was with the number two of the Fund, Gita Gopinath, and it happened first thing in the morning. The meeting with Georgieva was at noon, after a meeting of the G20 finance ministers, official sources indicated.

“Are members prepared to move toward a new program to increase exposure to Argentina?” asked one journalist. “We have an objective that is to think together, as a single team, what is best for Argentina,” Georgieva responded.

“The meeting was very good,” Caputo said of his meeting with Gopinath before entering a G-20 meeting.

The meeting, which lasted almost an hour, occurred within the framework of the annual meeting of the Fund and the World Bank, to which Caputo arrived accompanied by the rest of the economic team with the mission of directing a new negotiation with the Fund and obtain more financing to support the recovery of the economy.

Caputo and the rest of the officials that make up the official delegation arrived very early at the IMF headquarters in Washington for their first face to face with Gopinath and the deputy director of the Western Hemisphere Department, Luis Cubeddu.

Source: Ambito

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