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December 8, 2021
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Biden’s advisor for the region is "optimistic" of an agreement between Argentina and IMF

Biden's advisor for the region is "optimistic" of an agreement between Argentina and IMF

Juan González: “Biden talks about politically sustainable policies. We need stability in the region. Brazil and Argentina are very important to us.”

The adviser and senior director for the Western Hemisphere of the United States National Security Council, Juan González, said Tuesday that his country is “optimistic” that the Argentine government can reach an agreement with the International Monetary Fund, according to reported the Bloomberg agency.

During a seminar organized by the consulting firm Eurasia Group, González argued that “I have read Paul Blustein, Michael Mussa, I have studied Argentina’s relations with the IMF and there is an opportunity to turn the page of 20 years and reaffirm the value of the Breton Woods institutions (which gave rise to the IMF and to the World Bank) and bring Argentina back to the financial system. “

In a conference call, President Joe Biden’s adviser said that “both parties must reach an agreement that is solid on its merits and could be transformative for Argentina and our bilateral relations. “

González also pointed out that “the IMF has learned that a model cannot always be used to prescribe macro policy in a political environment. You have to recognize the internal context, the factor endowment, at the end of the day, Argentines have to come up with a plan. “

Finally, González added that “Biden talks about politically sustainable policies. We need stability in the region. Brazil and Argentina are very important to us.”



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