After weeks of rumors and cancellations, a team from the Economy Ministry arrived in Washington on Tuesday morning to close ongoing negotiations with International Monetary Fund (IMF). The IMF staff’s upcoming fifth review of the program will evaluate Argentina’s performance between January and March of this year. However, the lender and the Economy Ministry are holding talks about the review and renegotiating changes in the program. Economy Minister Sergio Massa is currently campaigning as presidential candidate for the ruling coalition Unión por la Patria (UxP). The Economy Ministry does not rule out that he could postpone campaign engagements to close the deal in person in Washington on Thursday or Friday.
Source: Bueno Aires Herald July 19, 2023 04:57 UTC