Dujovne meets IMF Deputy Director for monetary easing

As part of the annual meeting of the Fund in Washington, Lipton, a supporter of the free movement of the dollar, congratulated the Argentinian authorities for "tackling fiscal imbalances, reducing vulnerabilities and expanding the social security network in order to protect the citizens ". poorer members of society ".

The truth is that Dujovne will question IMF officials on the possibility of increasing the BCRA's power of intervention contain the dollar before a possible impact of electoral uncertainty on the economy.

The official participated with the head of the central bank, Guido Sandleris, in a meeting of investors organized by the JP Morgan bank and at the meeting of the finance ministers and the presidents of the central banks of the Group of 20 (G20). .

The minister also met with US Treasury Secretary Steven Mnuchin, as well as bilateral talks with Brazilian and Saudi government officials.

For the moment, IMF officials Alejandro Werner and Roberto Cardarelli have defended the floating band system of the dollar and said there is no "magic bullet" to reduce inflation.

Both suggested that "the rules remain" in agreement with the Fund and felt that the recovery of the economy "had already started", even if it will be weaker than others, in statements to reporters in Washington.

Werner, on the tape system, remarked that "there is a very important value in the fact that, given the predicted scenarios, the rules that have been established and are working are maintained".

Cardarelli, meanwhile, said the economic recovery would not be a spectacular recovery as in the past, but a gradual recovery. "Although there is no scheduled meeting between Dujovne and IMF Executive Director Christine Lagarde, the minister will participate this Sunday, alongside the IMF director, in a debate on investment in infrastructure.