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Martín Guzmán is excited to be the arbitrator between Cristina, Alberto and the IMF

2021-03-29T00:46:24.678Z


The statements of Cristina and the President that the IMF cannot be paid are not underestimated by the minister who plays his own relations with the US The impact on the negotiation.


Silvia Naishtat

03/28/2021 8:47 PM

  • Clarín.com

  • Economy

Updated 03/28/2021 8:47 PM

It rains in the gardens of the Quinta de Olivos.

Martín Guzmán says goodbye to the President and after two hours of meeting he will end Saturday afternoon in Congress to closely monitor the changes in the Income tax.

At the meeting, which has become a habit, Guzmán will outline the scenarios in the negotiation with the Fund.

In his vision, "they are quite on track."

What Guzmán did not know at that point, according to the minister, were the president's own declarations that the IMF cannot be paid, in the same vein as Cristina Kirchner's tirades.

In Economy they made an effort this Sunday to highlight that Guzmán takes them very much into account, does not underestimate them but

that he perceives himself as an arbitrator between that apparent war between the Kirchnerists and the IMF

, to which Alberto Fernández joined.

Emerging from the academy with a handling of silences and a conciliatory tone, the minister has sought understanding and has made an effort to build a relationship with Cristina Kirchner.

There are undeniable versions of a long meeting with the vice president in Calafate.

But he also seeks refuge in his strong ties with the Democratic party in the United States, with the help of Joseph Stiglitz, his mentor, and the

good chemistry achieved with the head of the IMF, Kristalina Georgieva.

The Minister of Economy, Martín Guzmán with the head of the IMF, Kristalina Georgieva.

As for the Fund, what is on the way is the possibility of a ten-year agreement that, in the reasoning of the Fund's technicians, can be stretched again in a country that has been in permanent renegotiation with the agency for decades.

From Wall Street they relate Cristina's statements with polls that would mark that "they do not win comfortably" the next elections.

“She has to put on a show for her electorate

since the money she is going to receive from the IMF for special drawing rights will be used to pay the IMF instead of going to social assistance or public works.

It seeks to cover the forms and show toughness to people who are having a hard time, "said an analyst requesting anonymity.

To all this, a former IMF official assures that his technicians, in line with the Biden administration, do not want another failure with Argentina.

"Latin America is already very complicated, it has

8% of the world's population and 30% of those killed by Covid.

There are many incentives to avoid a breakup, ”said another investment bank analyst.

Héctor Torres, former Argentine director before the IMF, reads Cristina and Alberto's statements as a very basic negotiation strategy.

In a radio report, he said: “They are saying arrange with Guzmán because if not Cristina comes, it is worse.

If that is what they are trying to do, it is totally wrong.

I do not think that Argentina is in a position to scare the Fund or the United States Treasury or its neighbors, because we have lost something that is very important in the negotiation, which is the ability to spread.

The economic crisis in Argentina is not contagious

and the proof is that even the closest neighbors are taking money at historically low rates, "he said, describing what is happening to us.

Source: clarin

All business articles on 2021-03-29

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