IMF wants to wait for next government plan before renegotiating aid to Argentina



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Without losing his diplomacy, the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has excluded the shipment of 5400 million US dollars pending since September the confirmation agreement to Argentina due to the new national political scenario since the OSP, opened the game to a possible government of Alberto Fernández and has advanced: "It will be very interesting to see what political framework we will have".

"We are very committed: the will of the IMF will be as strong during my mandate as that of Christine Lagarde," said Georgieva, referring to the French economist who had signed the agreement in June 2018 with the Argentine authorities .

Until here, in 16 months, the IMF has transferred 44,867 million US dollars to the government of Mauricio Macri. On September 15, it had to send an additional $ 54 billion, but the triumph of the Front of All within the OSP – and the devaluation of the next day – froze those funds.

During the annual meeting of the Fund and the World Bank, Georgieva assured Washington that the IMF hoped that the macroeconomic reforms needed to reorient the national economy "would improve the lives of its inhabitants."

According to the latest projections of the body, The Argentine economy would shrink "even more" this year due to heightened political instabilityIt would decrease by 3.1% in 2019 instead of the initial calculation of 1.7% and 1.3% in 2020 instead of 2.7% growth.

The Ministry of Finance itself, responsible for Hernán Lacunza, had said this week in Washington: as they have specified TN.com.ar, meetings do not involve an advance in the negotiation for disbursement.

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