The negotiation of the adjustment begins with the provincial ministers



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48 hours after the arrival of head of the International Monetary Fund (IMF), the national government will officially launch today its strategy to agree with the provincial governments of the country. fiscal adjustment committed for next year with this financial institution in exchange for the credit of $ 50 billion.

The press conference of President Mauricio Macri today at 18 years in Olivos, which was announced with an unexpected anticipation last Friday, will be preceded by the first and official technical meeting of National Government with Ministers of Finance and / or Provincial Finance, as part of a tour that should arrive at coincidences should lead to a summit with all or almost all governors .

Surely the president will take advantage of the press conference to send a message of political force to negotiate with the rulers to reach a consensus Budget 2019 ; or, failing that, to resort to the extension of the budget 2018.

Dujovne and his counterpart of the Interior and Public Works, Rogelio Frigerio will start today by a new series of meetings at the technical level with the provinces. It will be the turn of these ministers of the five provinces governed by Cambiemos: the two Buenos Aires, Jujuy, Corrientes and Mendoza, in this case Lisandro Nieri . Yesterday, the first meeting was with the minister of Chubut

Tomorrow, those summoned by Dujovne and Frigerio to the Rosada were the six provincial ministers "federal Peronist" : Osvaldo Giordano, of Córdoba, as well as his peers from Entre Ríos, San Juan, Salta, Tierra del Fuego and Chaco. These unified positions at a meeting in the Entre Rios house in Buenos Aires, earlier this month, which also involved the ministers of La Rioja, Formosa, Catamarca and La Pampa, and the Socialist Santa Fe.

The Managing Director of the IMF, Christine Lagarde, will officially arrive tomorrow evening to participate in the weekend of a meeting of the Group of 20 (G20) chaired by Argentina, but attention will be given to the private meeting you will have with Macri; Minister of Finance and Treasury Nicolás Dujovne and Central Bank President Luis Caputo.

Lagarde will be particularly interested in the degree of political coincidences with the government and opposition leaders that the government can show him in accordance with the terms of the Budget 2019 draft. it must submit before September 15 and that it must include adjustment measures to reduce the budget deficit from 2.7 in 2018 to 1.3% of GDP : a decrease of 300 billion of pesos total public expenditure.

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