With IMF approval, the government will be able to pay $ 9,600 million from April



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March 14, 2019
– 18:03

The announcement was made by Finance Minister Nicolás Dujovne at a meeting with correspondents in Washington.

The The government will be able to sell a total of 9,600 million US dollars starting April at the daily auctions of 60 million US dollars.. This was agreed today by the technical teams of the Treasury and the International Monetary Fund (MFIs).

It will soon be officially communicated by the international organization, informed the Ministry of Finance.

The announcement was made by the Minister of Finance, Nicolás Dujovne, during a meeting with correspondents in Washington.

The Treasury sources have badured that this decision "would give greater stability to the macroeconomy", although it was stated that the goal was not "to conduct an exchange rate policy ".

Dujovne met IMF Managing Director Christine Lagarde for almost an hour yesterday as part of the $ 57.1 billion confirmation agreement signed last October.

"It was a political meeting, protocol," stressed in Finance, without providing more details on the terms of the meeting.

In any case, Lagarde praised the efforts of the Dujovne-led team "to stabilize the economy and provide social protection to the poor and vulnerable."

IN ADDITION:

Inflation in February was 3.8% and has accumulated to 51.3% in the last 12 months

The dollar fell again and closed at $ 41,764

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