The president spoke with the IMF chief ahead of the G7 summit. A formal meeting is expected to agree on the basics of the new plan.
He President Javier Mili He met the leader IMF Kristalina Georgieva Within the framework of a full session of G7 Summit, with the leaders of major world powers participating. After that the meeting takes place The IMF will approve a disbursement of US$800 million And the need – at the same time – to implement reforms in exchange and monetary policy.
The libertarian leader traveled Italy To participate G7 Summitand is already maintaining contacts with the Italian Prime Minister, Georgia Meloney And with the entrepreneur Ajay Banka, President of the World Bank. Georgieva, for her part, advertised meetings with them Pope Francisco and the President of Ukraine, Volodymyr Zelensky.
In pictures from the meeting on social media, Miley shook Georgieva’s hand and told her: “I always like meetings with you because you are very open, and I think we connect through openness.”. “Yes, I think we do. And the other way we connect is that we both love economics,” the incumbent replied. Finally, the president told a story: “The other day I was at dinner with a professor and we were talking about economics, because liberals love it.”
The general secretary of the head club also attended the meeting. Carina ml and Argentina’s Ambassador to the United States, Gerardo Werthein. The President is expected to hold bilateral meetings With Emmanuel Macron of France and Lula da Silva of Brazil.
The IMF, a new money and the Georgieva-Mili meeting
In a statement released late Thursday, the IMF said, “The Executive Board’s decision allows disbursements of approx. 800 million US dollars Support the authorities’ efforts to strengthen the inflationary process, rebuild fiscal and external reserves and boost the recovery.
The organization said “The project is firmly on track, with all quantitative performance criteria met by the end of March 2024.””.
However, he emphasized further.To sustain progress, it is necessary to improve the quality of fiscal adjustment, take the first steps towards an improved monetary and exchange rate policy framework, and implement reforms to unlock growth, formal employment and investment.”.
Ajay Banga Javier Milei.jpeg
Board of Directors also considered “It is essential to continue efforts to support the most vulnerable, broaden political support and ensure agility in policy-making.”
He Board It also approved exemptions from non-compliance with new foreign exchange control and several foreign exchange procedures.
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