Lacunza discussed with the president of the Central Bank of the progress of the monetary program



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Finance Minister Named Hernán Lacunza met today the President of the Central Bank, Guido Sandleristo badyze the progress of monetary policy and exchange rate policy, official sources reported.

The meeting took place at the Lacunza house, in the early hours of the afternoon, and took place before the arrival of a new mission from the International Monetary Fund (IMF) which will audit National accounts to authorize the disbursement of about 5.3 billion US dollars. .

The next IMF mission is expected to arrive in Buenos Aires in the next 15 days to verify compliance with the fiscal and monetary targets set in the second quarter, which have been somewhat relaxed.

Given the above, it will then be necessary to determine whether the government can achieve the objective of achieving a balanced budget this year, or a deficit of less than one percentage point of GDP, after the announced measures that imply a deferral of the payment of several taxes. taxes or the reduction of income.

The next disbursement, in the order of 5.3 billion US dollars, is expected to arrive in mid-September and help improve the financial situation in the midst of the October elections.

This is the last major disbursement planned by the IMF under the agreement reached last September for US $ 53,000 million, which made it possible to refinance the Argentine debt.

Then, they should arrive at a rate of 1 billion US dollars per quarter until mid-2021.

Lacunza and Sandleris maintain good personal relations since they worked together in the province of Buenos Aires early in the direction of María Eugenia Vidal, said these same sources.

The meeting took place 24 hours after the replacement of Lacunza. Nicolás Dujovne, who also received this afternoon at home. (Telam and La Nueva.)

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