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The government is already meeting with the IMF mission to unlock new funds

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The government will meet with a high-level mission from the International Monetary Fund on Monday. The Minister of Economy, Luis Caputo, and the Chief of Staff, Nicolás Posse, They received the Washington delegation at Casa Rosada from 3 to 5 p.m. reactivate the agreement that collapsed during the government of Alberto Fernández and unblock a pending disbursement of at least 3.3 billion dollars.

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The Fund’s team is led by Luis Cubeddu, deputy director of the organization’s Western Hemisphere Department, and Ashvin Ahuja, head of the Argentine mission. The meeting is the second of the day: first There was a meeting between Caputo’s advisors, Martin Vauthier and Federico Furiase, with representatives of the organization at the Palacio de Hacienda.

The mission has been in Buenos Aires since Friday and there have already been several meetings between the technical teams of the IMF, those of the Ministry of Economy and the Central Bank, which started on Friday and continued throughout the weekend. The government hasThe rush to release the funds suspended after the failure to achieve the objectives agreed in March 2022.

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We don’t have time to go to Congress, We must relaunch the agreement and reach an agreement at a staff level (an agreement at a technical level),” Caputo told his team in recent days. In this context, the minister decided to postpone payments from the expiring Fund to the end of the month January 9th and 16th of the same month for 1,300 million dollars and 650 million dollars, respectively, as Clarín had anticipated.

News in development

Source: Clarin

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