A new IMF mission arrives for the fourth revision of the agreement, in full economic and political uncertainty

International Monetary Fund technicians will start today which will be perhaps the most delicate mission of all those envisaged in the agreement Standby to three years signed with Argentina.

The usual secrecy of the Fund's managers will be reinforced. They are likely to maintain contacts with opposition leaders, but nothing is planned at the moment. And the team will also have a bigger political volume: Roberto Cardarelli, head of the IMF's mission to Argentina, will, as always, be responsible for badyzing the figures of the Argentine economy, but unlike the latest visits, its direct director, the Mexican, will be added Alejandro Werner, head of the western hemisphere department of the multilateral organization.

However, Werner will not remain in the country for the duration of the mission, which normally lasts a few weeks. He has already made visits to other countries in the region and Buenos Aires will be another leg of his trip.

"An IMF team led by Roberto Cardarelli will arrive in Buenos Aires on May 8 in the context of the fourth review of Argentina's economic plan that supports the 36-month confirmation agreement," said today. in Washington a spokesman for the Fund.

This will be the penultimate revision the progress of the program to be listening $ 57 billion before the October election, but perhaps the most decisive because the conclusions, projections and recommendations contained in the staff report which will be made public after the closure of the mission will mark the playing field for virtually the entire presidential campaign.

This is why the technicians of the multilateral organization are likely to move more discreetly than on previous occasions. The moment is delicate because of the doubts generated by the economy and the greater proximity of the elections. That is why they will seek to avoid political interpretations of their work, as they might have known. Infobae. It is also likely that they will not hold meetings with candidates for the presidency of the opposition, which has already occurred during the last two missions, and that they are confined to the technical badysis of economic data. This is not a minor challenge.

"During the mission, the IMF team will meet with representatives of the government and the Central Bank, as well as representatives of the private sector, academia and civil society," said the spokesman. . Werner, he added, "will also join part of the mission, as has been the case on other occasions".

The next badessment is scheduled to take place in August, possibly after PASO, and their results will be available in September, shortly before the election call for general elections. From here, the electoral office will no longer offer surprises. One of the big electoral unknowns will be unveiled next month, at the expiration of the deadline for submission of applications.

"This time, they do not have much room to ask questions," he said. Infobae a Washington badyst on the task ahead of the Fund's technicians in Buenos Aires.

Observation supposes a support of Mauricio Macri that the Monetary Fund never admits publicly but no one doubts. The repertoire wants continuity in the policies. He was expressed by Christine Lagarde during the recent IMF Spring Meetings in the US capital, when, in response to a question from InfobaeHe claimed that "it would be silly" if one of the candidates turned their back on the signed agreement. For the Fund, the President is currently the one offering the greatest guarantees of continuity, even though Cardarelli has opened dialogues with all sectors.

The mission will be extended by two weeks. At the end, a preliminary badessment will be known and will then have to be approved by the Fund's Board of Directors. Once that happens, towards the end of the month or the beginning of June, the agency will disburse another installment of the loan. They will be about 7,000 million dollars intended to cover budgetary needs but it will also strengthen the central bank's monetary strategy.

The priority of Casa Rosada is to maintain exchange rate stability at least until October. This determination, which is based on an increasingly urgent electoral need, will continue to mark the pace of monetary policy now that the Central Bank has obtained the approval of the Fund to intervene on the dollar price in the band of fluctuation.