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Finance Minister Hernán Lacunza and Central Bank President Guido Sandleris will meet investor groups and officials of the International Monetary Fund on Tuesday and Friday in Washington and New York, official sources said here Sunday. . These meetings are being held at a time when the government is seeking to "rebalance" the maturities of sovereign bonds held by private holders, while hoping to obtain the remaining $ 5.4 billion in disbursement from the IMF by the end of the year. year.
Sandleris will be the first to arrive in the United States, specifically in New York, to attend Tuesday as a speaker at a meeting of the Council of the Americas. On Wednesday, the president of the BCRA will hold working meetings at the IMF. He will be accompanied by the Secretary for Economic Policy, Sebastián Katz, his financial couple, Santiago Bausili, and that of the Treasury, Rodrigo Pena. On this day, Sandleris will also talk with representatives of investment groups. In this negotiation, we seek to apply the clause on collective actions which stipulates that if 66% of the bondholders accept the reprofiling proposal, the others must comply, with a minimum of 50% per species. In this way, he seeks to prevent the emergence of famous hold-ups, they say to the Treasury.
On Thursday, Sandleris will attend the "Central Bank Governors Meeting of CEMLA (Center for Latin American Monetary Studies)" and the meeting of G20 Finance Ministers and Central Bank Presidents, which will also be attended by Lacunza. Argentine government officials will hold another meeting with investors that day to reach an agreement on the rescheduling of sovereign debt payments. In parallel, Mr. Lacunza will meet with the "World Bank Development Committee", one of the main multilateral entities that fund infrastructure works in Argentina. On Friday, Lacunza and Sandleris will meet with IMF Managing Director Kristalina Georgieva and IMF's first Deputy Managing Director, David Lipton. The two officials will also meet representatives of IMF member countries.
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