The Minister of Economy will have a meeting with the IMF representative, after the cancellation of the meeting between President Alberto Fernández and US President Joe Biden.

On Friday, President Alberto Fernández met with Silvina Batakis, head of Economy, and with Miguel Pesce, head of the Central Bank, and it was determined that an announcement of measures will be made over the weekend to try to stop the unstoppable inflation and the escalation of the value of the dollar. They would be announced on Sunday, before markets open on Monday.

After the meeting, it was learned that Batakis is traveling this weekend to the United States to hold a meeting with Kristalina Georgieva, the Manager of the International Monetary Fund, to discuss the currency crisis in Argentina. They would focus on the goals that the country has to meet with the agency. It will be Monday at noon.

The ambassador to the United States, Jorge Argüello, worked on the agenda that the minister will develop in the capital of the United States, where the official will also hold meetings with officials from the Treasury, the World Bank, Wall Street investors and directors of international companies. “Minister Silvina Batakis is going to arrive in Washington on Sunday afternoon, and then we are immediately going to have a working meeting at the Embassy,” she indicated.

“On Monday morning, high officials from the United States Treasury will receive it, then authorities from the International Monetary Fund will do the same, and finally executives from the World Bank,” the diplomat explained.

Argüello, when giving details of the agenda, specified that “on Tuesday we are going to have a working breakfast with investors and analysts from Wall Street, who will come to Washington, at the Argentine Embassy; and later we are going to have a meeting at the US Chamber of Commerce a round with the main North American companies that have investments in Argentina”. “After that, Minister Batakis will maintain a series of bilateral meetings with the authorities of the Google, Chevron, Amazon and General Motors companies,” the diplomat concluded.

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