2023-06-22 01:53:44
One of the main points that he had to address when the Minister of Economy, Sergio Massa, took office, is the agreement with the International Monetary Fund (IMF). National government sources reported that the IMF maturities that operated today and Thursday, were moved to the next week, in search of advancing an agreement in the negotiation that is being carried out with the organization.
The Ministry of Economy will use a procedure to pay next Monday, partially, the payment of maturities to Washington, something that had been anticipated to the agency a couple of weeks ago as an alternative, according to sources from the Palacio de Hacienda.
Today and next Thursday were the dates scheduled by the program with the agency to execute the payment of the most onerous maturity of the quarter, of US$ 921 million and US$ 1,779 million on Thursday.
Official sources let it be known that since the negotiation is still open, a full payment of these obligations was not raised on the table, but a partial payment will be made and the rest would be canceled later, when the disbursement has been made.
Economy sent the IMF a unified payment proposal at the end of the month, instead of the split payment, on which they expect a response from the agency tomorrow.
In the event that the agency accepts the proposal of the Economy, there will be a second request that will propose making an advance of that currency transfer to Washington, calculated at around USD 1.9 billion, which would take place next Monday.
Source: Argentine News Agency
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