Kristalina Georgieva supported Milei's economic plan and promises growth for Argentina

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has praised the economic plan implemented by the government of Javier Milei, highlighting the structural reforms and fiscal discipline as fundamental pillars for the economic progress of Argentina.

During the opening of the IMF spring meetings and the World Bank in Washington, Kristalina Georgieva He described the situation in the country as an “example of economic progress” in a global context marked by commercial tensions and macroeconomic challenges.

Kristalina Georgieva supported Milei's economic plan and promises growth for Argentina

Georgieva’s support for Milei’s plan occurs after the approval of an agreement that includes disbursements for 20,000 million dollars, aimed at strengthening the Argentine economy and promoting sustainable growth. According to the director of the IMF, the measures taken by the Government have allowed to control public finances, reduce inflation and reduce poverty, although these figures still remain at high levels.

In his speech, Georgieva stressed that inflation, which was previously at two digit levels, has begun to descend towards a low digit, while poverty has decreased from 50% to less than 40%.

Kristalina Georgieva supported Milei's economic plan and promises growth for Argentina

Although he acknowledged that poverty remains high, he stressed that the trend is positive and that the support of the population to the government reflects confidence in their discipline and commitment to reforms. The IMF has also adjusted its growth projections for Argentina, reducing the initial estimate of 5% due to the adverse global environment.

However, Georgieva He emphasized that the country has made significant advances compared to the negative growth recorded in previous years. This progress is attributed to the implementation of policies that eliminate obstacles to private entrepreneurship and encourage innovation.

Kristalina Georgieva supported Milei's economic plan and promises growth for Argentina

Questions

The support of the IMF to the Economic Plan of Milei not only reinforces Argentina’s position on the international stage, but also raises questions about future challenges. The director of IMP He warned about the volatility of financial markets and uncertainty about global commercial policy, factors that could influence the country’s economic performance6.

In conclusion, the support of Kristalina Georgieva The economic plan of Javier Milei and the ratification of growth forecasts for Argentina highlight the positive impact of structural reforms and fiscal discipline in a complex global context.

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