The government wants the US to push the IMF to lend money to the country and the region

One day after the government got it green light at the first review of the economic program with the IMF, executive branch officials have asked the United States to do so inject part of the financing of the main creditor of the state into multilateral bankssuch as the Inter-American Development Bank (IDB) and the Development Bank of Latin America (CAF), with the aim of providing more money to countries in need of resources.

The proposal was made by the Secretary for Strategic Affairs, Gustavo Béliz, and the Secretary for Climate Change of the Ministry of the Environment, Cecilia Nicolini, during a meeting with Joe Biden’s climate envoy, John Kerry. The meeting between the three is part of the activities of the IX Summit of the Americas in the city of Los Angeles, where Alberto Fernández is located.

Before impossibility of the Joe Biden administration to get more funding for Latin America through a recapitalization of the IDB, blocked in Congress by the clashes between Republicans and Democrats, the government considered it valid to probe this Parallel road to get new resources. After meeting Kerry, Béliz and Nicolini performed a positive disposition of the US official who was Secretary of State for Barack Obama.

After the meeting, Nicolini wrote a suggestive message that was also addressed to the environmental crisis and avoided entering the field of economics. “Climate action needs funding mechanisms that are tailored to the particularities of each country and make it possible to narrow the gaps instead of widening them. We proposed it with Gustavo Béliz to the US Climate Special Envoy @John Kerry, “he said. And said

However, there is still a long way to go from such an agreement It doesn’t depend on Kerry, it depends on the Treasury, by Janet Yellen. Among other things, one of the weaknesses of the summit organized by Biden is that there will not be a large package of economic aid for Latin America and the Caribbean, where China leads the credits for infrastructure works.

On the one hand, Vice President Kamalah Harris is expected to announce an extra aid package to Central American countries to curb migration. It would be around $ 2,000 million.

Among the new programs that Biden is expected to present in the near future is an initiative by $ 300 million in food security fundinga new Caribbean climate partnership that will help Caribbean countries access low-carbon energy sources and a program to train 500,000 healthcare workers in the Americas over the next five years.

White House National Security Advisor Jake Sullivan said the White House “will spend specific dollars to produce tangible results.”

“When you add all of this together and look at the practical impact on the public sphere that the top actions by the United States will have, you will see that they have a significantly greater impact on the lives and livelihoods of the people of this region than the types of mining projects in which China has invested, “Sullivan told reporters on Wednesday aboard Air Force One.