The Minister of Economy, Sergio Massaheld a meeting this Saturday in Washington, United States, with the first deputy managing director of the International Monetary Fund (IMF), Gita Gopinath, in which she evaluated the impact of the drought and agreed on the need to reformulate the program that Argentina has with the organism.
“We had a very productive meeting with the deputy managing director of the IMF, Gita Gopinath, with whom we talked regarding the impact of the worst drought in Argentine history and we promised to continue working together to strengthen the program in this difficult scenario,” said Massa this tomorrow in a message posted on his Twitter account.
We had a very productive meeting with the Deputy Managing Director of the IMF @GitaGopinathwith whom we talked regarding the impact of the worst drought in Argentine history and we promised to continue working together to strengthen the program in this difficult scenario. pic.twitter.com/Vnjsb9p8Sq
— Sergio Massa (@SergioMassa) April 15, 2023
Meanwhile, the “number two” of the Fund highlighted the “good meeting” with the minister on the social network and detailed the topics of the meeting in similar terms.
“We talked regarding the impact of the worst drought in Argentine history and we promised to continue working together to strengthen the program in this difficult scenario,” said Gopinath.
In the meeting, Gopinath and Massa coincided in noting the seriousness of the historical drought and, therefore, they agreed on the need to “reformulate” the program, sources consulted told Télam.
“All the alternatives are on the table,” said the same sources regarding the changes that are being evaluated.
Also participating in the meeting were the Secretary for Economic Policy, Gabriel Rubinstein; the director of INDEC and secretary of International Economic and Financial Affairs, Marco Lavagna, and the head of portfolio advisors, Leonardo Madcur.
Meanwhile, Luis Cubeddu, head of the agency’s mission to Argentina, and the agency’s technical team were present for the IMF.
On Friday, Massa held meetings in the US capital with various advisers to President Joe Biden and officials from multilateral credit organizations, within the framework of the spring meetings (boreal) of the IMF and the World Bank (WB).
Within this framework, he held work meetings with the candidate for president of the World Bank, Ajay Banga; the deputy director of the National Security Council of the United States, Michel Pyle; special adviser to President Joe Biden, Juan González; and the adviser to the president and director of International Economy Christina Segal-Knowles.
