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Argentina's new economic chief goes to Washington for financial talks

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Reuters

Reuters

Buenos Aires — Argentina's newest economy minister, Sergio Massa, is scheduled to travel to the United States next month to meet with major financial leaders, including the International Monetary Fund.

Argentine stationed in Washington. Ambassador Jorge Arguello confirmed Massa's first foreign visit as the country's powerful economic chief in a speech at a think tank event in Buenos Aires on Thursday.

Arguello, who took over the economics ministry two weeks ago, said Massa will meet with officials from the US Treasury Department, the White House and private banks in early September. rice field.

Massa, a shrewd politician in President Alberto Fernandez's centre-left Peronist coalition ruling party, said the IMF would regularly review his $44 billion debt in Argentina. I plan to meet with the IMF while I'm here. contracted in March.

The quarterly review he will conclude in September and will be used to finalize new payments from international lenders.

The Argentinean government has rushed to begin debt forgiveness in order to meet the foreign exchange reserve targets set by the IMF agreement. Massa held high-stakes talks with powerful agricultural sector leaders last week as a short-term push to boost US dollar reserves through agricultural exports.

Fernandez also plans to travel to the United States to attend the annual UN General Assembly, he added, Arguello. It will also be held in September. (Reporting by Eliana Raszewski, Editing by David Alire Garcia and Tomasz Janowski)