Martín Guzmán, Argentina's economy minister, met with Bulgarian economist Kristalina Georgieva, managing director of the IMF.

The Argentine debt refinancing agreement with the International Monetary Fund (IMF) will be signed by the Government of Alberto Fernandez and the multilateral body next summer, to early 2022.

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This was confirmed to Via Country qualified government sources with direct knowledge of the negotiations that the Minister of Economy, Martin Guzman, leads in Washington this week with the IMF.

President Alberto Fernandez He had anticipated a group of big businessmen with whom he had lunch at Casa Rosada on Tuesday that he was optimistic about an agreement with the IMF for “early 2022.”

It will be in the summer”, He sentenced before the consultation of this Via Country an official from the Ministry of Economy, minutes after Guzmán’s meeting ended on Tuesday at the headquarters of the multilateral organization with the managing director, Kristalina Georgieva.

Martín Guzmán, Argentina’s economy minister, met with Bulgarian economist Kristalina Georgieva, managing director of the IMF.

The international official received Guzmán at the headquarters of the organization hours after being ratified in office by the members of the Fund’s board of directors, after dismissing the accusations against him for alleged manipulation of data to benefit China when he was at the World Bank.

This was received with great relief by President Fernández and the Minister of Economy, who consider that a change of authorities in the body could complicate the negotiations after having reached a high degree of understanding with Georgieva.

The director for the Southern Cone also participated in the meeting this Tuesday before the IMF, Sergio Chodos; the deputy director of the Western Hemisphere Department, Julie Kozack; and the head of the mission for Argentina, Luis Cubeddu.

Guzmán met with Georgieva in Washington on Tuesday.

Guzmán met with Georgieva in Washington on Tuesday.

In the middle, the national government could send to Congress the “draft” of the agreement so that the deputies and senators can sign their support, since the repayment of the 45,000 million dollars will take at least between ten and twenty years.

Guzmán also met with the senior adviser to the United States Treasury, David Lipton, and other officials who are led by the head of the area, Janet Yellen, who had already met the Argentine official in Venice on July 10 last.

Lipton knows as few in the United States the size of Argentina’s debt problem, given that he was deputy managing director of the International Monetary Fund between 2011 and February 2020.

When the then Minister of Finance and Finance, Nicolás Dujovne, went to Washington in May 2018 to request a historic rescue for Argentina, one of those who opened the door of the agency was Lipton.

According to official sources, Minister Guzmán also shared a dialogue with another “big shot” the US Treasury, Andy Baukol, who is undersecretary of International Relations.

By the Buenos Aires correspondent.

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