The mission of technicians of the Monterio International Fund continued the work of collecting data and information with which he came to the country to analyze a possible new deadline extension agreement and that is why on Monday he continued with virtual contacts with different officials of the Ministry of economy.In the meantime, it is hoped that some of the meetings can be held in person after it was reported in recent hours in an unofficial manner that a second swab to the head of the mission, Luis Cubeddu, came back negative, after positive the first.
The meetings will be held virtually until the Friday before the return of the IMF mission.
From the IMF they took the news cautiously and Cubeddu is expected to undergo another test on Tuesday to definitively rule out whether he has coronavirus infection, as well as thinking about returning to Washington to begin the evaluation. In the meantime, it remains isolated as a precaution, but has no symptoms and could participate in the virtual encounters that will take place this week. Following the meetings to be held until Friday, November 20, the drafting of an intention letter to be approved by the Argentine board and government will begin. According to the progress, this is expected to happen next December to allow for a final agreement in the first quarter of 2021.Argentina will seek to reduce the fiscal deficit in this new approach with the Fund to be less than 4.5% budgeted by 2021, without affecting economic growth, and in the analysis of measures to lower emissions and the public deficit.
