The Minister of Economy, Serge Massavisited the Casa Rosada this followingnoon to meet with the president Alberto Fernandez After his trip to the United States, where he met with authorities from the International Monetary Fund (IMF), the Inter-American Development Bank (IDB), the World Bank, investors and authorities from the Joe Biden administration, including the Secretary of the Treasury, Yanet Yellen. President and minister met for almost three hours in the presidential office.
Massa’s arrival at Balcarce 50 was around 4:00 p.m. to inform Fernández of the American tour, in which he made progress with the Fund, although the announcement of the positive review for the second quarter will be “on Friday.” The meeting with the credit organization marked the end of a tour of almost a week that generated expectations in the ruling party, following lFund head Kristalina Georgieva will praise the new economic team in a lengthy statement.
According to official sources, THE NATION, at the meeting Massa informed Fernández “how the next revision of the second semester closed, when the shipment to the board and the staff was announced; he conveyed to him some general topics on issues of the United States government that he was able to discuss and insights into the region that he received”. Also “they analyzed the Gas Plan that will be announced this Thursday and the regulation of the Automotive Industry Law that is expected next week.”
The position of the vice president Cristina Kirchnerwho suffered an attack at the beginning of the month and since then has remained away from the public scene, was another of the issues addressed by Alberto Fernández and Sergio Massa during their meeting.
During his time in the United States, on a tour that had an almost presidential deployment, including the trip of the entourage in Tango 04, Massa kept in almost permanent contact with Fernández. Even yesterday, before returning from the United States, both talked regarding what was happening on the triprevealed official sources.
The trip came a month following Massa assumed the Economy portfolio and there he added high-voltage meetings, with strong figures such as the Secretary of the Treasury, Yanet Yellen; Security Advisor to the President of the United States, Jake Sullivan; the strategic economic advisor of the Oval Office, Mike Pyle: and the head of the Inter-American Development Bank (IDB), Mauricio Claver Caronewith whom They agreed to raise IDB credits to Argentina to a total of almost US$5 billion for this year and next.
Meanwhile, for tomorrow it is expected that the data of the index of inflationthat both in Casa Rosada and in the Palacio de Hacienda discount that it will be “bad”, but near Massa they sought to highlight that at the time of his inauguration the official explained that heThe next two months would be bad, but then you should start to see a downward trend. July’s index was at 7.4%, while August’s is expected to be around 7%.