The main figures of
Javier Milei's economic team
met this afternoon with the
Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva
, in São Paulo, Brazil, where the meeting of ministers of Economy, Finance and president of central banks is taking place. of the
G20
.
There, they presented the progress of the economy, the numbers of the fiscal result and the accumulation of dollars.
"Very good meeting with Kristalina Georgieva and teams at the G20.
Celebrate and support the measures
and results obtained by this new administration. The teams will continue working on the best strategy to continue supporting the country's efforts," he wrote on the social
network
(ex
) the Minister of Economy,
Luis Caputo
, who was accompanied by the president and vice president of the Central Bank (BCRA),
Santiago Bausili and Vladimir Werning
, respectively;
and by the Secretary of Finance,
Pablo Quirno
.
Meanwhile, Georgieva published: "Excellent meeting with Luis Caputo. I welcomed the authorities' sustained efforts to restore stability,
support the most vulnerable and generate support for the reforms
."
The meeting took place a week after the mission to Buenos Aires undertaken by the Fund's deputy director,
Gita Gopinath
, and in the midst of a strong fiscal and monetary adjustment.
The Government's intention is to continue showing a surplus in the public accounts, both fiscally and commercially and in the current account, which is the driving force behind a sustained drop in inflation, as the opposite of the fall in economic activity.
Furthermore, another central point of the agreement with the organization is the constant
accumulation of dollars
in the BCRA reserves, which will serve as a basis for eliminating the exchange rate in the middle of the year, and the
end of the monetary issue
as a form of financing for the Treasury. .
However, the political directors of the Fund place special focus on ensuring that the economic adjustment program is politically and socially sustainable, without neglecting the poorest and working families.
News in development