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In line with Cristina Kirchner, Sergio Massa asked for a 'payable' agreement with the IMF

2021-03-29T13:55:36.893Z


The president of the Chamber of Deputies questioned the government of Mauricio Macri for having assumed an insolvent debt.


03/29/2021 10:37 AM

  • Clarín.com

  • Politics

Updated 03/29/2021 10:50

Sergio Massa, president of the Chamber of Deputies, joined Cristina Kirchner's request to the International Monetary Fund and

asked to reach a "payable" agreement for Argentina.

"What Argentina needs is to agree to an agreement that is sustainable, payable," he said in a dialogue with

CNN in Spanish

.

At the same time, he criticized Cambiemos' management and Mauricio Macri for having put the country into a kind of "game", which leads to paying "insolvent promissory notes."

On Wednesday, during the ceremony in Las Flores for the Day of Remembrance for Truth and Justice, the vice president warned the international credit organization that the country "cannot pay the debt."

These statements generated that the securities traded on Wall Street fell as much as 3% and hit the prices of financial dollars, which fell 1%.

At the same time, country risk rose 4% and was close to 1,600 basis points.


President Alberto Fernández agreed with Cristina Kirchner that the country cannot pay its debt to the IMF.

However, four days later, President Alberto Fernández said that the vice president is right and that there is "no possibility" of paying the IMF in 2022.

and he stressed that the Minister of Economy, Martín Guzmán, is working hard with the objective of "obtaining greater advantages" to negotiate with the Fund.

This Monday, the head of the lower house joined this position of the Executive regarding the negotiation with the international credit entity and said that "the most serious thing is the unsustainability of the agreement."

In that sense, he pointed to the government of Cambiemos and recalled that during the visit that an IMF mission made to him in November 2020 to Congress, he was told that technically the agreement they gave to Macri was unfeasible, "but that it was a decision." of the political staff of the Fund at that time. "

News in development.

JPE


Look also

Alberto Fernández said that the Fund cannot be paid and for economists it causes more uncertainty

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

Source: clarin

All news articles on 2021-03-29

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