A new IMF mission arrives in the country today to review the progress of the adjustment plan



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Argentinian file officer Roberto Cardarelli will lead the mission, which will be accompanied by IMF technicians, who will then meet with the authorities of the Central Bank and the Ministry of Finance, official sources said.

The encounter occurs after the IMF relaxed its rules and allowed the government to intervene directly on the foreign exchange marketwithout waiting for the dollar to fall below the lower limit or exceed the maximum exchange rate range of US $ 51 set in October.

In addition, it has been determined that the BCRA can intervene on a discretionary basis if the dollar does not exceed the limit. As, the price of the US currency is greater than 51 dollars, the monetary authority can initiate calls for foreign exchange offers with a maximum cap of $ 250 million per day.

The April financial results will be reviewed, with the Treasury exceeding the fiscal target with a primary surplus of $ 10,347 million, or 0.1% of GDP, according to the portfolio owner, Nicolás Dujovne, at of a press conference. .

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