The Minister of the Economy, Sergio Massa, is preparing a tour of the world’s main financial centers in three weeks, as confirmed by members of his closest entourage Page 12, who claimed that the trip has a fundamental objective: “he goes out in search of dollars”.
During his time in the United States, he plans to meet in Washington with officials from the International Monetary Fund, the US Treasury Department, the World Bank and the Inter-American Development Bank.
In the United States, with the IMF, the World Bank and the IDB
Ambassador Jorge Argüello, who has a relationship with the adviser for Latin America of the Biden administration, Juan González, is already working on the coordination of the meetings.
The two also had in their hands the organization of the agenda of former minister Silvina Batakis. In the environment of the leader of the Renovating Front, they assure that they just decided to invite the new head of Banco Nación to accompany her successor on the tour, as a sign of continuity.
In relation to international credit organizations, Massa will seek to ensure the continuity of assistance from the World Bank, which promised a disbursement of 200 million dollars during Batakis’ visit, and also unlock the credits already granted by the IDB, which were maintained blocked by decision of its president, the American of Cuban origin, Mauricio Claver Carone.
Claver Carone came to his position hand in hand with Donald Trump, breaking the tradition that this position was always held by a Latin American. Apparently, Massa’s good historical relationship with Republican leaders may work in his favor in this case. The questioned head of the IDB welcomed his landing at the Ministry of Economy and promised to collaborate with him.
With stopovers in Paris and Qatar
The Paris stopover will be focused on resuming the negotiations begun by Martín Guzmán to renegotiate the pending maturities with the Paris Club. And the last point of the tour will be dedicated to contacting the powerful sovereign investment funds of Qatar.
In all cases, the objective is to strengthen the reserves, official sources indicated. “The reserves are increased in three ways: with more exports, with the attraction of productive investments and with receptive tourism. But also with international loans”, they pointed out, opening the possibility of obtaining new credits.