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Argentine Economy Minister denied the existence of negotiations on a new agreement with the IMF
Thursday, February 29, 2024 - 12:06
Fuente: X

"As I said in my last interview, the Fund is open to exploring a new program, but we are not negotiating anything at the moment," Luis Caputo responded through his X account.

The Minister of Economy of Argentina, Luis Caputo, reiterated this Thursday that the International Monetary Fund (IMF) is willing to advance a new agreement with the southern country, although he assured that at the moment there are no negotiations in that regard.

"Incorrect," the minister stated categorically in response to a post about possible negotiations between the parties, published by a United States financial blog that reports on the economy.

"Argentina is negotiating a new program with the IMF," posted Zero Hedge, the site specialized in financial issues that has nearly two million followers.

"Incorrect. As I said in my last interview, the Fund is open to exploring a new program, but we are not negotiating anything at the moment," Caputo responded through his X account.

In fact, the minister had assured this Wednesday after a meeting with the director of the IMF, Kristalina Georgieva, that the highest authority of the organization "celebrates and supports" the fiscal adjustment measures and reforms promoted by Javier Milei's government.

“Very good meeting with KGeorgieva and teams at the G20,” highlighted the Minister of Economy through his account on the social network X.

The director of the Fund “celebrates and supports the measures and results obtained by this new administration,” said Caputo, and announced that the technical teams of the organization and Argentina “will continue working on the best strategy to continue supporting the country's efforts.” .

For her part, Georgieva, through the same social network, explained that she had an “excellent meeting” with Caputo.

“I welcomed the authorities' sustained efforts to restore stability, support the most vulnerable and build support for reforms,” Georgieva said.

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