US EditionThe Imf Approved, but Tossed Caputo’s Ears: There Were Warnings About Reserves, Adjustment and Debt
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The Minister of Economy, Luis Caputo, met with the managing director of the International Monetary Fund (IMF), Kristalina Georgieva, in Washington, in the framework of the organization's spring meetings, following the recent technical agreement reached with the country. The meeting took place after the approval of the second revision of the current program, which would enable a new disbursement close to the USD 1 billion, key to strengthen the r…
The head of the Treasury Palace, Luis Caputo, agreed on the technical terms of the second financial review with IMF director Kristalina Georgieva. The signing of this memorandum in Washington revealed a transfer of US$1 billion to thicken BCRA’s accounting red. During the spring meetings of the credit agency, the central administration officials presented the numbers of the adjustment. The statement of the Fund labels this process under the euph…
The minister highlighted the "unpublished relationship of trust" he maintains with Kristalina Georgieva.
Following the second review of the International Monetary Fund (IMF) agreement, Economy Minister Luis Caputo held a meeting this Friday with the managing director of the financial entity, Kristalina Georgieva, in the city of Washington, United States. During the meeting, the representative of the Fund and the Argentine official reviewed the state of implementation of the current program with a focus on the fiscal situation of the country. Georgi…
The Minister of Economy, Luis Caputo, held a meeting in Washington with the managing director of the International Monetary Fund, Kristalina Georgieva, in the framework of the second review of the current program with the organization. The meeting took place in the central offices of the Fund and had as axis the evolution of the Argentine economy, in addition to the analysis of the international context, crossed by the truce that Donald Trump ne…
The organization validated the management and supported the general direction of the economy, but clearly marked the sensitive points of the program. It claimed greater accumulation of reserves, confirmed the fiscal balance as a central axis and put the magnifying glass on the strategy to face future maturities. It also demanded progress with reforms, external financing and specific use of eventual privatizations. The remaining disbursement will…
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