Secretly, Luis Caputo is now negotiating support from the IMF, which would involve an expansion of the current credit. Rodrigo Valdés anticipated him that there was a willingness, on the part of the IMF staff, to support Javier Milei's guidelines.
But that available fund – which is still being evaluated – would be a modest figure: about US$6 billion. The IMF – indeed – does not have available funds now. It is only going to make a capital increase in October 2025. But there is also another issue: no consensus to grant another larger loan to Argentina. “Toto” considers that US $6 billion is little money. He is also exploring a “Repo” loan. The banks surveyed were JP Morgan, HSBC NYC, and Bank of America. There is talk of “strong money”. But the operation has conflicts. It requires a guarantee in bonds. It can even be read as a sign of weakness. It is “top secret” in the Washington directory. Milei has the sympathy that his ultra-market speech provokes. He is also supported by Donald Trump, Elon Musk, the Spanish right, and Giorgia Meloni. The only political turbulence Milei has is in his own squalid party. Mauricio Macri is furious at how they treat him. Milei subjects him to lacerating political exhaustion that the former president does not deserve. He admires Milei and praises his policies. But he is also in his labyrinth. He doesn't know what to do with Milei. He doesn't want to advance things, and Sergio Massa hopes – for May 15 – the launch of his book. Alberto is tense. Julián Ercolini has the draft of an explosive summons ready to investigate him for corruption. Karina confronts him. She has the help of Patricia Bullrich. “The Boss," she says mockingly, "now the PRO is Macri and his friends."