The IMF wants an agreement that generates growth, employment and focuses public spending

After meeting with the Minister of Economy of the Nation, Martín Guzmán, the director of the International Monetary Fund (IMF), Kristalina Georgieva affirmed that the negotiations for the refinancing of the debt of 44 billion dollars contracted by the Macri government, continue “in a constructive way” and with “a commitment from both sides” to advance.

According to the newspaper Ámbito, the agency official said that “no decision has yet been made” regarding the insistent request of the Argentine government to reduce the cost of the surcharges that the IMF charges on its unpaid credits. “The issue is still under discussion,” he said.

Later, Georgieva referred to the meeting with Guzmán to advance the negotiation and stated that it seeks “to find a good point of agreement, where it is credible and useful for Argentina.” In that direction, he asserted that the idea is to move forward for “a path so that Argentina can have firm policies to induce private growth, generate genuine employment and focus public spending.”

The Argentine delegation is also made up of the president of the Central Bank, Miguel Pesce, who this Monday – along with Guzmán – will meet with the staff of the international credit organization led by Julie Kozack and Luis Cubeddu.

It should be remembered that on Tuesday, President Alberto Fernández met with a group of owners of the main companies in the country to talk about the negotiation with the Fund and ask for support from that sector.

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