02/23/2020 - 10:41
- Clarín.com
- Economy
- Economy
The Minister of Economy, Martin Guzman, referred on Sunday to the "productive meeting" he held for "more than half an hour" with the Secretary of the Treasury of the United States, Steven Mnuchin, in the framework of the first session of the Summit of Finance Ministers and Central Bank Presidents of the Group of 20 (G20) that takes place in Riyadh, Saudi Arabia.
" It is encouraging to find matches, " said the head of the Palacio de Hacienda through a message on his Twitter social network account.
Also present at the meeting were the Argentine representative before the International Monetary Fund (IMF), Sergio Chodos, and the US Under Secretary of the Treasury, Brent McIntosh.
Thank you Secretary of the Treasury of the United States @ stevenmnuchin1 for the productive meeting. It is encouraging to find matches. # G20SaudiArabia https://t.co/6vIdaf9dze
- Martín Guzmán (@Martin_M_Guzman) February 23, 2020For his part, Mnuchin said that with Guzmán "we discussed his government's plans to implement economic policies . "
He also did it through his Twitter account, the US official agreed with the Argentine minister to qualify the meeting held in Riyadh as "productive."
"First productive discussion with the Argentine Finance Minister, Martín Guzmán," said the US Treasury Secretary.
From the Treasury, they informed Minister Guzmán continued with his work agenda in Riyadh and held bilateral meetings with his peers from Mexico, Arturo Herrera; and from Canada, Bill Morneau, with the aim of "strengthening dialogue between countries and strengthening relations between Argentina and the world . "
The head of the Treasury Palace will travel tomorrow to Washington to hold "technical meetings" with the International Monetary Fund , according to ministerial sources.
During the session, the Spanish minister María Calviño highlighted the relevance of debt sustainability and transparency in today's world, particularly regarding the Argentine intervention as a relevant issue to follow closely, in the context of renegotiation.
On Saturday, during the first day of activities in Riyadh, Guzmán held bilateral meetings with his German counterparts, Olaf Scholz; from France, Bruno Le Maire; from Switzerland, Ueli Maurer; from India, Nirmala Sitharaman; and from Saudi Arabia, Mohammed Al-Jadaan.
The G20 is the main forum for international economic cooperation, which brings together the leaders of the world's largest economies to discuss financial and socioeconomic issues. Since December 2019, Saudi Arabia assumed the presidency of the G20 under the slogan "seize the opportunities of the 21st century for all" .
In addition, before his presentation at the G20 session, Guzmán and the IMF managing director, Kristalyna Georgieva, analyzed the steps to be followed in the framework of the relationship between Argentina and the IMF, following the conclusions reached after the visit of the Recent technical mission of the organization in Argentina.
For its part, the IMF released a document in which it said that Argentina's public debt "is not sustainable" and that the fiscal surplus necessary to face its payment "is not economically or politically feasible." In addition, he claimed an "appreciable" take away from private creditors.
