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Guzmán on the agreement with the IMF: 'Under no point of view is a reduction in public spending contemplated'

2021-08-24T00:50:17.517Z


On the dollar, Guzmán said he is working to reduce the gap, but ruled out a devaluation this year. 08/23/2021 21:28 Clarín.com Economy Updated 08/23/2021 9:40 PM On the day that the funds from the IMF Special Drawing Rights finally arrived in the country, the Minister of Economy Martín Guzmán affirmed that he continues to actively negotiate the agreement with the Fund, but announced: "Under no point of view is a reduction of the public spending". In a television interview, the minister said


08/23/2021 21:28

  • Clarín.com

  • Economy

Updated 08/23/2021 9:40 PM

On the day that the funds from the IMF Special Drawing Rights finally arrived in the country, the Minister of Economy Martín Guzmán affirmed that he continues to actively negotiate the agreement with the Fund, but announced: "Under no point of view is a reduction of the public spending".

In a television interview, the minister said that he negotiates other lines of credit multilarerally, which can improve the payment terms of the debt with the organization, which intends a maximum time for repayment of ten years.

On the dollar, Guzmán said he is working to reduce the gap, but ruled out a devaluation this year.

"The wholesale dollar will

end in 2021 at $ 102.40

as proposed by the budget," he said.

News in development

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In the final stretch of the campaign, Martín Guzmán goes to Congress to give details on the renegotiation of the debt

Source: clarin

All business articles on 2021-08-24

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