The Government and the Front of All discussed the continuation of relations with the IMF



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The government and economists of the Todos Front agreed on Wednesday that you should not "put yourself in danger" exchange rate stability, while cautioning about the need for economic growth and the risks of indebtedness. But one of the central themes of the meeting chaired by Finance Minister Hernán Lacunza has been the country's relationship with the International Monetary Fund over the coming months.

The manager received the economic team that surrounds Alberto Fernández, Guillermo Nielsen and Cecilia Todesca during the second meeting with the opposition's economic referents. After taking the lead of the portfolio, Lacunza had announced to the press that he was going to summon members of other political spaces to promote greater tranquility after the devaluation of the peso.

Treasury stressed that one of the points of contact between the two parties was to "give guarantees to provide economic stability"In this sense, Todesca said that at the meeting, he had expressed concern about" debt, reserves and growth that do not come back ".

"We are concerned about the impact of government measures in the provinces," he said. When it appeared, there was also a coincidence in the values ​​of the current dollar, and it is even above the price of balance".

"The Todos Front referents reiterated the central concerns expressed wisely by the presidential candidate, Alberto Fernández, regarding the progress of the Argentine economy, the negative trajectory of the main variables and the severe impact recessive and regressive of the current economic model ", He pointed out this space of opposition in a statement.

But Todesca also mentioned that the meeting had addressed the problem of inflation and said: "We have to sit down renegotiate with the IMF because the deadlines are concentrated in two years and it seems impossible to do".

This statement from one of Alberto Fernández's economic references was made a few days before the technical delegation of the organization charged with badessing the progress of the Argentine economy came back to Buenos Aires. he the staff The IMF will be led by Italian economist Roberto Cardarelli.

The spokespersons of the credit agencies did not specify when exactly the mission will begin, but this will take place during the next week. The quarterly visit will correspond to the fifth revision of the agreement signed in June 2018, then modified in August of the same year.

As in previous meetings, the Fund's technicians could hold meetings not only with executives, but also with political leaders and opposition economists. This will be the first visit of the agency to Buenos Aires after the celebration of PASO. The curious thing is that last time the the staff IMF was in Argentina Alberto Fernández always had not been formalized as a candidate President of Kirchnerism. The announcement was made by Cristina Kirchner on May 18, one day after the end of the mission.

Lacunza, meanwhile, confirmed on Wednesday Two voices who spoke Monday with the IMF authorities. "They had planned to come this week and I asked them to give us a few days to finally settle in the ministry, "he explained.

"We are respecting the agreement with the IMF, it is in force in accordance with the provisions concerning commitments made by Argentina," he said. "During its visits, the IMF meets the private sector and the opposition, the basic consensus on certain principles is important," he concluded.

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