The government of the Argentine president Javier Milei will receive on Thursday a mission from International Monetary Fund (IMF) to renegotiate the payment agreement debt of some US$ 45,000 million that it considers to be inoperative.
Presidential spokesman Manuel Adorni told reporters on Tuesday that the objective of the visit is to renegotiate the agreement that the IMF signed with the previous government of Alberto Fernández (2019-2023) that is “virtually fallen” because the country “did not comply” the economic conditions that had been agreed.
The IMF officials will be received by the Chief of Staff, Nicolás Posse, and the Minister of Economy, Luis Caputo.
Adorni did not give details about what aspects will be put on the negotiating table that will open in the coming days between the Fund and the Milei government, which took office less than a month ago.
Days ago Caputo denied that fresh funds had been agreed with the IMF and ratified compliance with debt commitments.
In January, Argentina must pay about US$1.9 billion in maturities in the midst of an economic crisis and when the Central Bank is trying to rebuild its depleted foreign exchange reserves.
During the election campaign Milei He was willing to make a more severe adjustment than that requested by the international organization as a condition to refinance the million-dollar debt that was contracted by the government of President Mauricio Macri (2015-2019).
Source: Gestion
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