In a key instance of the long chain of meetings and encounters with the highest leaders of the global economy, the Minister of Economy Sergio Massa met this Saturday with the managing director of the International Monetary Fund (IMF). Kristalina Georgievawho, during the course of the fourth review that the technical instances of the organization must carry out on the Argentine accounts, limited himself to indicating that he saw the “good progress” of this matter.
Massa’s meeting with Georgieva was in the framework of the G20 Summit of Finance Ministers and Central Bank Presidents which takes place in the Indian city of Bengaluru, occasion when they had briefly crossed paths at the welcome dinner given to visitors by the local authorities.
Georgieva’s post regarding the meeting
“Very good talk with Sergio Massa on the sidelines of the G20 in India regarding the new challenges facing the Economy Ministers of La and Argentina”, Georgieva pointed out on her social networks. On Twitter, the head of the IMF added: “Good progress is being made in the fourth review of the program with Argentina and we hope to communicate its conclusion soon.”
The sources consulted indicated that simultaneously with the presence of the Tigrense at the G20 meeting, there is a mission in the United States led by the Secretary of Economic Policy, Gabriel Rubinsteinand the head of the advisers of the Ministry of Economy, Leonardo Madcur, who is working on rapprochement with the IMF technicians to close the fourth review positively, even though Argentina’s difficulties in terms of reserves are ostensible and far from expected.
The head of the Palace of Finance was accompanied in the meeting with Georgieva by the director of the National Institute of Statistics and Censuses (INDEC) and secretary of International Economic and Financial Affairs, Marcos Lavagna; while the head of the IMF attended together with the deputy managing director of the IMF, Gita Gopinath.
Throughout his stay in India, Massa has held numerous meetings with heads of finance, one of the most important being the one he had with the Undersecretary for International Affairs of the United States Department of the Treasury, Jay Shambaugh; and the Italian Economy Ministers, Giancarlo Giorgetti; from Germany, Christian Lindner; from France, Bruno the Mayor; from India Nirmala Sitharamanand from Brazil, Fernando haddad; among other officials from different G20 countries.
In these talks, the head of the Palacio de Hacienda addressed issues such as the impact of the war between Ukraine and Russia; the drought; and the possibility of expanding investments in Argentina.
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