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Government mission travels to the United States to close the review with the IMF

Government mission travels to the United States to close the review with the IMF

On the night of this Monday, February 20, the Vice Minister of the Economy, Gabriel Rubinstein, and the chief adviser, leonardo madurowill travel to the United States with the goal of closing the fourth quarterly review of the Extended Facilities Agreement with the International Monetary Fund (IMF).

to achieve the goal, a new disbursement of US$ 5.400 million will be enabled by the multilateral credit organization.

Debt in pesos: Gabriel Rubinstein crossed opposition economists

The period analyzed it is the fourth quarter of 2022year in which Argentina closed with a primary deficit (not including debt services) andequivalent to 2.4% of the Gross Domestic Product (GDP), with an excess of one tenth, if one takes into account that the agreed goal was of 2.5%.

For 2023, the primary deficit target it is 1.9%, in a year marked by several challenges for the government that he never raised those discussions in Washington.

Gabriel Rubinstein predicted inflation of 60% by 2023

What the Government seeks to expose in US territory include topics such as: the impact of the drought on the agricultural harvest and consequently on the income of dollars; as well as the continuity of the conflict in Ukraine, with derivations in the prices of energy, transport costs and logistics.

Rubinstein and Madcur had the discussions in early February when a technical team from the bank of last instance, which was carried out in a hybrid format, since the head of the delegation, Luis CubedduHe maintained contacts remotely.

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