Juan Manzor will travel to the United States to meet investors in the middle of negotiations with the International Monetary Fund

Chief of Staff Juan Manzor

chief of staff , Juan ManzurRoles and responsibilities continue to accrue. To his busy daily schedule, he added his first official mission to the United States to meet with investors in New York and with the Secretary of the Economy, Martin Guzmanwho heads the delegation negotiating the debt agreement with the International Monetary Fund.

Accordingly they informed Infobae From Casa Rosada, Guzmán himself invited Mansur to participate in a meeting with investors who own Argentine bonds, which will take place next Friday, after official meetings in Washington with officials of the International Monetary Fund and with its head, Kristalina Georgieva.

Initially, Mansour – who has secured President Alberto Fernandez’s endorsement for this geopolitical movement – is expected to travel on Wednesday.. Thus, the Chief of Staff will seek to strengthen the team of officials who seek to cancel the agreement with the International Monetary Fund, even if they do not participate directly in official meetings.

In addition to Guzmán, the head of the Central Bank, Miguel PesciHe is also part of the delegation that will meet today with the staff of the International Credit Organization, led by Julie Cusack and Luis Cupedo, to analyze the possibility of reaching an understanding on a new financial program to replace the standby, which the Cambiemos government negotiated in 2018.

In this way, Guzmán will begin the intensive activity that he plans to develop throughout the week in the American capital, within the framework of the annual assembly of the organization and the World Bank, as well as the summit of G20 and G20 ministers. G24, among other encounters.

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He will meet tomorrow, Tuesday, with Georgieva, on the basis of the agenda issued yesterday by the Ministry of Economy. First, it will be at the summit of the G-20 finance ministers, and then a single meeting is planned, according to those close to the minister.

On the other hand, the board of directors of the International Monetary Fund (IMF) in the last hours rejected a request from Argentina to discuss reducing the commissions paid by the state for its record loan, a setback for the government and President Alberto Fernandez, that the possibility of reaching a new agreement with the agency had stipulated the reduction of these additional fees.

Following this decision, the fourth summit of finance ministers and central bank heads of the Group of Twenty will be held under the Italian presidency on Wednesday in Washington, which will discuss issues of concern to Argentina, before the annual meeting of the fund.

Following the historic agreement on the key components of the two pillars on the reallocation of profits from multinational corporations and the effective minimum global tax reached in July, ministers and governors are expected to support a final political agreement to create a more stable and stable international tax. fair,” the Italian government indicated on the eve of the meeting.

G20 ministers will also assess how to continue to support vulnerable countries affected by the Covid-19 pandemic. Italy added that, “Following the IMF’s overall allocation of $650 billion in Special Drawing Rights (SDRs), discussion will now focus on options for voluntary conversion of a portion of the Special Drawing Rights earmarked to assist countries in critical circumstances.”

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This new fund will be armed with resources from developed countries that they do not need to direct to those who need to use them, which is also of particular importance for Argentina.

Likewise, it was noted that “the exchange of views on the common framework for debt management will continue beyond the debt service suspension initiative and the re-establishment of the International Development Association,” among other matters. The agenda also includes climate change.

Read on:

The government acknowledged its concern about Kristalina Georgieva’s continued work at the International Monetary Fund
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Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

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