Off to Washington

Economy Minister Sergio Massa will be joining a mission of his economic team in Washington the second week of June, in ongoing negotiations with the International Monetary Fund (IMF) to secure upfront advances of IMF remittances and redraft the terms of the agreement reached last year in a context of runaway inflation and drought.

Massa had a one-on-one meeting with President Fernández Alberto Fernández in the Casa Rosada – the content of their conversation was not officially disclosed but since 13 Peronist governors had called for a single presidential candidate shortly beforehand, their agenda may well have been as much political as economic.

Yet Economy Ministry sources informed that their talk had centred on the negotiations with the IMF, Massa’s recent trip to China and tax relief.

SOURCE: www.batimes.com.ar

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