Arguello: "The meeting between Alberto Fernández and Kristalina Georgieva was very positive”

Monday, September 19, 2022 | 4:49 p.m.

President Alberto Fernández met this afternoon, at the headquarters of the Argentine consulate in New York, with the managing director of the International Monetary Fund (IMF), Kristalina Georgieva, as part of his participation in the general debate of the 77th session of the General Assembly of the United Nations.

After the meeting, the Argentine ambassador to the United States, Jorge Argüello, gave a statement to the Argentine press, where he stated that “a while before the meeting scheduled for today, the positive report was submitted” by the technical staff of the credit agency. in relation to the second quarterly review of the agreed goals, and anticipated that the IMF board has a meeting scheduled for next October 7. “We hope that it will be approved on that date, while we are already working towards the third review,” he added.

He explained that during the course of the meeting they also “analyzed the consequences of the war in Ukraine, the food and energy crises, and the impact it is having on the weakest economies and middle-income countries.”

In this framework, he pointed out that President Alberto Fernández “proposed to Georgieva the need to implement the Resilience Fund that the IMF is working on as broadly as possible”, while “reiterating the concern shared by other countries to advance in a solution for the problem of the surcharges of the rates“.

For her part, the head of the IMF indicated: “We had an excellent meeting with President Fernández in which we talked about the considerable progress we have made with our teams to reach an agreement at the technical level of the second review” of the agreed goals.

“I also expressed my appreciation for the very serious way in which Minister Massa and his team, including also the Central Bank, are addressing the significant challenges in Argentina,” Georgieva stressed.

And on this point he affirmed that “indications of this seriousness are the stabilization that the Argentine economy has experienced and the progress made in rebuilding reserves, as well as the attention that has been given to the necessary political measures to be able to cope with inflation.

The Managing Director of the international organization pointed out that they also discussed “the world economy and the challenges it is experiencing, as well as the role of the IMF in promoting macroeconomic and financial stability in a context of growing exogenous shocks.”

The meeting represents the first official activity of the tour that the Argentine president is carrying out in the United States, where tomorrow he will speak at the general debate of the 77th session of the United Nations General Assembly, in addition to holding various bilateral meetings and a meeting in Houston with entrepreneurs from the energy sector.

The agenda of the head of state will continue this afternoon with his participation in the seminar “Many Voices, one region: Latin America and the Caribbean working on the 2030 agenda for sustainable development”, organized by CAF-Development Bank of Latin America, and later he will share a bilateral meeting with the Prime Minister of Portugal, António Costa.

In the last activity of the day, Fernández will lead the inauguration of the photographic exhibition “ESMA Argentine Memory for the World”, within the framework of the Argentine proposal for UNESCO to declare the former clandestine detention, torture and extermination center as Cultural Heritage of The humanity.

Also participating in the meeting were the Minister of Foreign Affairs, International Trade and Worship, Santiago Cafiero; and the Secretary General of the Presidency, Julio Vitobello. On behalf of the IMF, the spokesperson for the multilateral credit organization, Gerry Rice, and the entity’s economist, Aleksandra Zdzienicka, attended.

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