The IMF board will set April 5th when it releases the round of $ 10,870 million and approves the latest measures

WASHINGTON.- The Board of Directors of the International Monetary Fund (

MFIs

) will meet on April 5 to discuss the third review of the Argentine program and decide to release the $ 10 870 million turnaround and approve the latest changes to the government's economic plan, agency spokespeople confirmed. .

The
the staff of the Fund under the direction of the Head of Mission for Argentina, Roberto Cardarelli, and the Argentine authorities had reached an agreement last month on the third revision of the confirmation agreement in force with the country. The
board will evaluate this review and then vote for the release of the next release, the highest of the year and the second highest overall program with the Fund.

Cardarelli will present to the Commission his report on the progress made by the Government in achieving the objectives of the program, its overview of the Argentine economy and the details of the latest measures agreed with the Government.

The Ministry of Finance and the Central Bank have announced several new measures to control inflation and strengthen exchange rate stability. The Fund offered its support, but left clear warnings: Stating that curbing price increases would be "a long process" that would require "persistence" and that the government should make a larger adjustment to public spending this year. year to achieve the goal "zero deficit" in the main result, before the payment of interest, provided in the confirmation agreement.

Faced with the shock of the crisis, the Fund agreed with the government to increase from 0.2 to 0.3% the margin provided in the agreement to increase social badistance, about $ 20 billion, according to official sources.

The approval of the Fund at the April 5 meeting would imply that the Department of Finance would start selling its dollar surplus by daily tender calls only on Monday, April 8th.