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His name is David Lipton, he usually works in the shadow of the most mediatized Christine Lagarde but he has the last word, he is the "strong man" of the United States in the Fund. As such, he was responsible for concluding a totally out-of-the-box deal with Argentina, for an unprecedented amount and with a debtor who practically met a requirement: his loyalty to the Washington government, whatever he either (remember that PRO put his chips to Hillary Clinton). Yesterday, Nicolás Dujovne was received in private audience by Lipton, who offered the Argentine Minister what he was looking for: a complementary but brief statement in which he praised "the important progress made to reduce economic vulnerabilities". There was no picture of the meeting. "I owe you," Lipton told him before sending Dujovne back, already thinking about his next engagement.
The statement by the deputy director of the IMF also underlines, in its second and last paragraph, "the ongoing efforts to achieve the zero deficit by 2019 and the strong commitment of the authorities to protect the most vulnerable". The day before, Lipton had met Friday with the Central Bank authorities, Guido Sandleris and Gustavo Cañonero. There was no picture or communication of this meeting. But transcendence was not lacking. The media highlight three concerns of representatives of the global financial power: the dollar, inflation and the return of Cristina. And in all three themes, there is a common perception: the government loses control of results.
The Fund supports the government in the implementation of a sharp adjustment, even allowing it some flexibility to "deviate" part of social policies and for a "moderate" intervention in the market that mitigates exchange rate, avoiding that they turn into a new race. He also knows that the government can not show results in the immediate future, but this is required from June.
While the economic situation was in Washington, AFIP hinted that it had detected more than 400 undeclared bank accounts abroad, each representing more than one million dollars, of human or legal persons entering the country. country. Last bleaching without including them. This would allow its holders not only to pay for the funds discovered, but also to lose the benefits of regularization. Some have reported it as a warning to "old partners" who have benefited from it, but have not accompanied the government in the worst moments. Others have badociated the review ad submitted to the IMF: you must strictly adhere to the program and show that you will be billed to whom it matches, including friends and family. Although they do not mention it, the Fund knows it: the flight of currencies remains the main fracture of this broken economy.
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