Mauricio Macri had dinner with Christine Lagarde and gave him answers on the dollar, the budget deficit and inflation – 20/07/2018

For the third time this year Mauricio Macri met face to face with the owner of International Monetary Fund (IMF), Christine Lagarde. It was this Friday at 8:30 pm in the residence of Olivos .

The President dined at Lagarde with a dinner. She was accompanied by the Deputy Director of the Fund David Lipton the Director of the Department of the Western Hemisphere, Alejandro Werner and the Head of Mission for Argentina, Roberto Cardarelli

On the executive level, the chief of cabinet, Marcos Peña the Minister of Finance, Nicolás Dujovne the two most powerful officials of the 39, administration, also left. , the head of the central bank Luis Caputo, and the first lady Juliana Awada who also "took care" of the menu, according to official sources. Dujovne and Caputo, before dinner, held bilateral meetings with the head of the Fund, where they talked about the evolution of the fiscal, monetary and trade front.

Between 19459003 and 19459003, Lagarde does not eat red meat. external and internal investors. The same thing happened last week, when radical references visited Olivos.

A little earlier, in the same presidential residence, there was a bilateral meeting between the team and Dujovne and Lagarde . The Fund badesses the opening of an office in the country to oversee the reserve credit of $ 50 billion that it lent to Argentina and government accounts, but it has not been confirmed yet, although in the government they believe it very likely.

Lagarde expressed the IMF's support for the imprint of the G-20 presidency – centered on the future of labor and infrastructure for development – and discussed the international economic situation. In addition, he expressed his approval for the evolution of the budget accounts in Argentina that the government showed him because they trusted Dujovne. The same concepts were reiterated at Macri.

Before, in the afternoon, after arriving Thursday in Buenos Aires, attend the summit of ministers of the # 39; Economy and holders of the Central Bank of the G20, was received by Caputo, in his office. Together they examined the situation of reserves and inflation

Meanwhile, Macri – after his return from Bariloche – with Dujovne and Secretary General Fernando de Andreis, held a meeting with Luis Moreno, head of the Inter-American Development Bank, the closest international organization to the executive, which will open modern offices in Barrio 31.

In Olivos had also been the head of the State, Dujovne and Lagarde exactly four months ago, March 18, when the agreement between the Fund and Argentina seemed very far away. At that time, the head of the multilateral credit agency praised the progressiveness of the executive. "It was an honor to meet the President of Argentina, I congratulated him for the important reforms that his administration has carried out and for his leadership in the Argentine presidency of the G20," said Lagarde. through social networks.

The next meeting, more informal, took place in Quebec at the G7 meeting, at which Macri was leading the G20 and when the fund's credit was already a reality, Lagarde once again manifested its support: "The economic plan will strengthen the Argentine economy in the short term will stimulate growth and the creation of jobs for the future", then predicted the former French Minister of l & # 39; Agriculture.

The Context Changed In March, few officials – only the then Finance Minister, Luis Caputo, now the head of the Central Bank, s'. worried about liquidity, and now, with a devaluation of 60% of the peso, the president himself repeated Thursday on the stock market a self-criticism of the gradualism a process that to achieve budgetary objectives agreed with the Fund, seems to have come to an end.

"Perhaps because of political limitations or a misperception of our desire to reduce Macri spending very gradually by listening to Adelmo Gabbi."

Macri returned politeness – in Instagram – insisted that the IMF "is the cuckoo" and wants to help.His words have not prevented the mbadive mobilizations of the left and social organizations to repudiate the owner of the Fund, which has made the center impracticable.In the Cabinet, the impression is widespread that the organization "needs a purpose" to show the world, after failed rescue experiences in other countries.

This Saturday, Lagarde will attend the G-20 meeting, which will bring together the ministers of economy and presidents of the central banks of the group's countries, who will be seen in the exhibition center. will hold a joint press conference with Dujovn e and could confirm the opening of an office in the country. The president could join the closure Sunday, but his presence is not confirmed.