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Mauricio Macri meets with IMF director who comes back to congratulate him – 01/12/2018



Mauricio Makri met 30 minutes with Christine Lagarde. The Argentine president received the head of the International Monetary Fund in his office.

It was the first time that the president and the director of the multilateral credit agency were alone from their meeting at the United Nations General Assembly in New York at the end of September, one day before the deal was formalized for $ 57 billion a billion

Christine Lagarde of the IMF and President Maurice Macqui, during a photo shoot for the G20, this Friday. (Photo by Ludovic MARIN / AFP)

Christine Lagarde of the IMF and President Maurice Macqui, during a photo shoot for the G20, this Friday. (Photo by Ludovic MARIN / AFP)

The President of Argentina was accompanied by Finance Minister Nicholas Duovni and Central Bank Head Guido Sandleris. On the side of the IMF, besides Lagarde, the mission's head in Argentina, Roberto Caldarelli and David Lipton, number 2 of the agreement, are taking part.

"That was very protocol meeting. The director used his participation in the G20 to congratulate him on his leadership and on the success of the Summit, "sources close to Lagarde said.

They also made a balance in the Argentine economic plan, following IMF loans. "It was a meeting with a great level of friendship," they insisted from the agency.

Makri and Lagarde continued "their romance," which the president described in New York as "crush".

For Lagarde it was the best G20 of all that he had to testify. This was said in a short video posted on Instagram. "I really want to congratulate Argentina and the Argentines because this G20 meeting in Buenos Aires was a fantastic moment, it was a wonderful meeting, we were all afraid of the meeting for many reasons and thanks to the Argentines it was one of the best meetings of G -20 that I've seen and I am a veteran of the G20. I've been in them for more than 10 years, this was far the best, "said Lagarde.

Former Nicolas Sarkozy minister also congratulated the President on Twitter. "I am happy that I met with President Mauricio Macri, praising his commitment to strengthening the Argentine economy and protecting social spending, and the firm implementation of his plan is crucial to opening the way for solid and inclusive growth." The IMF will continue to support Argentina's efforts, "he wrote in the social network.

In the vicinity of the Duvnovs, they cited this Lagarde has full agreement on the Argentine financial program. "They are very satisfied with the fiscal point of view and have fewer doubts about the monetary aspect of the first agreement that was signed," they explain.

In the vicinity of Dujnovska was predicted Makri and Lagarde they will review the course of the program. Makri and Duewen will once again thank Lagarde for the support of the Monetary Fund. "It will be a very formal meeting within the G20. They are satisfied," Hassienda said.

The withdrawal schedule is still valid. The newest was $ 6700 million. For now, it is not envisaged that additional funds will be made available for social costs, as stipulated by the agreement.

The IMF head also referred to the global economy and expressed concern about the high level of indebtedness. "An urgent issue is the excessive level of global debt: about $ 182 trillion, according to the IMF estimates." It is important, especially for developing countries and highly indebted low-income countries, to restore reserves and change policies. pro-cyclical prosecutors, "he said in a statement.

The head of the Fund said that during meetings held with world leaders within the G20, she noted that world growth "remains energetic," but she voiced concern over the cooling of the economy and the increase in inequality. "The pressures on emerging markets are rising and commercial tensions have begun to have negative repercussions," he said in a clear allusion to the trade war between China and the United States.

Lagarde again thanked Macri for organizing the Summit. "I would like to thank the President for the effective leadership of the G20," he insisted.

It was the fifth time in the year of the head of state and the director of the IMF. They coincided with the G7 meeting in Quebec; in New York and twice in Buenos Aires, within the G20.


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