Sunday , June 26 2022

Mission: transfer of financial effects and anger from the IMF to 2020


The Supreme Court of Justice will complicate Mauricio Macri's relationship with the International Monetary Fund (IMF); is one of the most scary chapters of Washington: the national government predicts a serious reform that reduces the impact of the pension sector on public spending. To this end, the Executive was committed itself to the negotiations in the last September with the international financial agency for the renewal of the agreement; without installing times, but guarantees that it would move forward in 2019, during the validity of the stand. By declaring against the reform that the national government is implementing with retirement, and causing additional financial cost to a public administration between 30,000 and 40,000 million pesos, the matter is further complicated politically and enforces & The Government to re-enter the financial episode is even more intense than expected. Against the background, the strategy to which the Executive will apply today is to transfer all IMF financial claims and claims by 2020. Or, at least, wait to know the results of the presidential elections in October 2019 to be able move forward, in the case of the death of Mauricio Macri, with the reform promised before the body managed by Christine Lagarde.

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