Valdés, who was displaced from the negotiations with Argentina due to questions from President Javier Milei, broke his silence on this issue and tried to tone down the confrontation.
“Regarding Argentina, the only thing I can say is that I made the decision to delegate the IMF’s relationship with Argentina to Luis Cubedduwho is the one who reviews the Argentina case and is one of the deputy directors of the Department,” said the IMF official.
Asked about the IMF’s support in the midst of his controversial departure, he decided not to respond but added regarding Argentina: “We are working with the teams intensely and they have made a lot of progress in Argentina. There is still work to be done, without a doubt, but the progress is substantial. For region, it is very important that Argentina does well, due to its size and the reforms it is making,” he said in dialogue with the Chilean newspaper La Tercera.
The IMF removed Rodrigo Valdés from the discussion with Argentina
At the beginning of September, the International Monetary Fund (IMF) confirmed that the Chilean economist Rodrigo Valdés, who headed the organization’s Department for the Western Hemisphere, would no longer lead the negotiations with Argentina. The decision comes after criticism that the president Javier Milei had expressed about the official.
“To better support the ongoing constructive exchange with Argentine authorities, Director Rodrigo Valdés has fully delegated program negotiations to Luis Cubbedu, the deputy director of the Western Hemisphere Department, and Ashvin Ahuja, the IMF’s head of mission for Argentina. “Detailed the Fund’s spokesperson, Julie Kozack at that time.
Milei had criticized the role of Valdés and his support to the previous management. “There was complicity with the previous government,” he said in an interview in Neura, where he considered that the Chilean “endorsed everything Massa did.” In that context, he had pointed out against the “bombs that they left planted to explode.”
“He doesn’t want Argentina to do well,” Milei said about Valdés, whom he had defined in a speech as “an IMF technician with links to the São Paulo Forum,” an organization that the libertarian questions as “socialist.”
The Government had been pressuring since the middle of the year to remove Valdés from the negotiations with Argentina. Last July, the IMF’s song had been different, with support for the participation of Michelle Bachelet’s former minister.
Source: Ambito
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