The Chief of Staff, Nicolás Posse, arrived in the United States this Tuesday to meet with officials from Joe Biden's government and the IMF.
The meetings take place one day before the agency's board of directors defines disbursements of US$4.7 billion after completing the seventh review of the program. According to official sources, the purpose of Posse's visit has to do with “strengthening the bilateral relationship.”
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According to the schedule, the chief of staff will first meet with the US Deputy Secretary of the Treasury, Michael Kaplan, and the Undersecretary of International Affairs, Jay Shambaugh, in Washington. He will then be received by the Deputy Managing Director of the International Monetary Fund (IMF), Gita Gopinath.
These meetings are part of a series of previously scheduled exchanges that have been consolidated since the World Economic Forum in Davos.
On January 10, the Government and the credit organization sealed the technical agreement for the seventh review of the Extended Facilities program.
The deputy managing director of the International Monetary Fund (IMF), Gita Gopinath, met with the future Chief of Staff, Nicolás Posse, and Minister of Economy, Luis Caputo (Photo: X @GitaGopinath).
However, the IMF dollars did not arrive immediately, as the technical agreement must first be formally approved by the IMF board. Although the members of the board are informally aware of what was agreed upon and the commitments made by the Government with respect to economic policy, formal approval is a necessary requirement to launch the program.
In a press conference, the Minister of Economy, Luis Caputo, had anticipated that this internal instance of the Fund would take place at the end of January and it is expected that this Wednesday the IMF definition will be communicated.