And if the fund does not come? | There is no confirmation of the …



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The International Monetary Fund became last year the Main creditor of Argentina while the great support of Mauricio Macri. The credit agency has not pronounced even after the defeat of the ruling party at the OSP, and must surrender in the week that begins. However, no confirmation yet.

In fact, six days after the defeat of Macri, the future of the agreement with Argentina had no impact on the Fund.
, whose objectives proposed to review Alberto Fernández. The Fund's support to Macri, with loans from 57 billion dollarsthis did not translate into economic improvements or a good election result for the government.

For the worst, last Wednesday, Macri announced measures to try to mitigate the effects
dollar and the resulting devaluation, which actually goes against the Fund because generates expenses that the agency does not approve.

Thus, if the visit was consumed, the interlocutor would be Roberto Cardarelli, the Italian economist in charge of monitoring. For him, he should explain to the government why the law of the offer is applied and the VAT is removed for the products of the basic basket. Another question remains: if Caldarelli arrives, it is badumed that Nicolás Dujovne would receive him and, for the moment, we do not know yet how long he will continue to run the Treasury portfolio. In other words, if you always keep your position when the mission of the Fund arrives.

The mission concerns the fifth review of a three-year program. "We congratulate the Argentinian authorities for their sustained efforts and the flawless implementation of their economic policy program. The authorities have met all their fiscal, monetary and social spending targets under the IMF-supported program as part of this review, "had been the Fund's favorable comment a month ago.

While, The Fund's mission dialogue with Alberto Fernández is not excluded either. or representatives of the presidential candidate. The idea in the Frente de Todos is to renegotiate, but after December. Management issues have been addressed by Mauricio Macri in the previous months. Fernandez himself said after Sunday:What Macri has signed no longer exists. He could not comply. I would like you to leave things in order with the Fund. "

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