Former IMF director Claudio Loser warned against another currency swap if US $ 5.4 billion disbursement does not happen



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The loser said that if the IMF receives help from the country, it would be a very important "shock". "We, the Argentines, have a great capacity to face big crises with the Fund", he added. However, the economist pointed out that "the disbursement is very important for the Government and for the Fund, which will do everything possible to continue to support Argentina according to the signals they give".

In this context, the Minister of Finance, Hernán Lacunzatravel to "at the end of the month" in Washington to meet representatives of the World Bank (WB) and the Inter-American Development Bank (IDB), but official sources have avoided confirming that they will also meet with IMF officials.

"The minister's visit took me by surprise but I see it as something positive, it is very likely that it will be disbursed", said the loser.

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Image: Argentine News.

For the former head of the agency, the stocks used by the government for the purchase of dollars and restrictions on currency trading were initiatives of the executive branch. "The regulatory measures taken by the government do not think that it is a decision of the Fund, this is considered to be temporary in times of crisis," he said .

The loser did not rule out a possible debt restructuring because it could have happened in the future. "Sometimes the negotiations are very difficult, but you have to be lucid and not emotional. There is a terrible fear that there is a deeper and harder disease to heal ", concluded.

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