“The challenges are enormous,” said a senior White House official. The Argentine economy is in the midst of a new episode of uncertainty regarding the exchange rate and the details of what it will be The role of the United States In negotiations with the International Monetary Fund.
Special Adviser to the President Joe Biden For Latin America, Juan González confirmed that there is a challenging environment for the country and the middle of the crosses economy and central bank And the resignation of Presidential Counselor Antonio Aracre – confirmed that the President of the Palacio de Hacienda Sergio Massa is making concrete strides.
Exchange rate tensions, agricultural and input dollars: inflation is already feeling “an installment devaluation”
Dollars collected by Sergio Massa and plan imports and targets against the clock with the International Monetary Fund
The government negotiated US support in recalibrating targets with the International Monetary Fund, which has begun negotiating it with a view to the fifth review and the rest of the year. Gonzalez recognized the impact of an election year.
Gonzalez revealed his final decision and what is the role of the White House. “In the conversations we had with him (for Massa), heThe bottom line is that it should be the Treasury, the International Monetary Fund, the World Bank and the Islamic Development Bank. who figured out how to meet these challenges.”
“The United States always plays a constructive role in that conversation, including the White House,” he added about contributing to “help Argentina.”
During an international event held by the Spanish news agency EFE, González made this point Jake Sullivanformer economic policy advisor, has “Active conversations to try to find a way to be more supportive”.
For the United States, “a lot of this stems from the response to the economic crisis of 2002, where we want to help countries like Argentina to navigate a highly complex political economy, as well as a complex global situationcommented the official.
The Minister of Economy and Gonzalez met within the framework of the Spring Assembly of the International Monetary Fund and the World Bank, which took place last week in Washington.
