Within the framework of the visit of the Minister of the Economy, Sergio Massa, to Washington, this Thursday the second technical review of the program concludes with the IMF (International Monetary Fund).
After four days of meetings with the staff of the organismthe economic team that accompanies Massa on his tour would have considered not making changes to the agreement that was signed last March with the IMF.
Today’s would be the last meeting between the economic team and the staff of the IMFprior to the meeting that Sergio Massa will have next Monday with the director of the Fund, Kristalina Georgieva.
From the environment of the minister they assured to feel satisfied with the work carried out in the revision, which will subsequently allow the disbursement of some 4,100 million dollars.
Likewise, from the Palacio de Hacienda they assured that the agency was not asked for any type of modification in the goals and conditions of the program, since the minister has as a priority to comply with all of them.
The team is made up of the Vice Minister and Secretary of Economic Programming, Gabriel Rubinstein; the head of advisers, Leonardo Madcur; the Secretary of the Treasury, Raúl Rigo; the Secretary of Finance, Eduardo Setti; the director of the Central Bank, Lisandro Cleri, and the head of the National Institute of Statistics and Censuses (INDEC), Marco Lavagna.
In addition, the Secretary of Energy, Flavia Royon, joined the technical delegation, who played an important role in explaining the new rate segmentation scheme, one of the key goals in the agreement to reduce subsidies and the fiscal deficit. .
Sergio Massa will reaffirm the goals of the agreement
After completing the technical review with the organismon Monday, at the meeting with Georgieva, The Minister of Economy will ratify the Government’s commitment to meet the goals of the agreement.
This includes that the fiscal deficit will be lowered to 2.25% and inflation as well, which is a more complicated scenario, since, after the figure for July (7.4%), the accumulated figure rose to 46%, so that the 2022 price index is expected to close in triple digits.
