Luis CaputoArgentina’s Minister of Economy, has started the year with an agenda full of crucial activities for the country’s economic future. After returning from his vacation in Villa La Angostura, Caputo has immersed himself in internal meetings to define the first steps of the economic plan for the second year of President Javier Milei’s mandate.
This plan’s main objective is to stabilize the economy and prepare the ground for the upcoming negotiations with the International Monetary Fund (IMF). One of the first challenges faced by the economic team of Luis Caputo is the payment of principal and interest on bonds in foreign currency, scheduled for this Thursday.
This payment is crucial to maintain investor confidence and ensure the country’s financial stability. In addition, the economic team is closely monitoring December inflation, data for which will be published soon.. Inflation is a key indicator that will influence economic policy decisions in the coming months.
The first international trip of the year for Caputo and Milei will be to the United States, where they will attend Donald Trump’s presidential inauguration. This event, which will be held on January 20, will be an opportunity to strengthen bilateral relations and seek support in negotiations with the IMF.
The presidential delegation, which also includes Foreign Minister Gerardo Werthein and the Secretary General of the Presidency, Karina Milei, does not have its own agenda in the United States, but Caputo is expected to take advantage of the opportunity to hold informal meetings with investors.
After the visit to the United States, Caputo and Milei will travel to Switzerland to participate in the World Economic Forum in Davos, which will take place from January 20 to 24. This forum is a key platform to discuss global economic issues and attract foreign investments.
Davos Forum
Last year, Milei He used this forum to present his vision of a libertarian economy and criticize “impoverishing socialism.” This year, Milei is expected to highlight his government’s progress and seek to capture the attention of international business and political leaders.
The Davos Forum will also be an opportunity for Luis Caputo and Milei meet with IMF representatives and discuss the next steps in negotiations for a new agreement. The objective of these negotiations is to obtain a disbursement of funds that allows the Central Bank to be recapitalized and the exchange rate to be eliminated.
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