President Javier Milei announced that he will send to Congress a project to sign a new agreement with the International Monetary Fund, IMF, And he assured that disbursement will not imply an increase in gross debt.
“It will imply a disbursement of funds to clean up the accounts of the Central Bank, that is, so that the Treasury cancels debt to the Central Bank. It will not increase the gross debt, but also, as the Central Bank asset, it will end once and for all with inflation and we will definitely open the stocks and we can live in freedom, “Milei explained.
The Government seeks to use IMF funds to reorder the balance of the Central Bank and strengthen its financial positionwhich considers a fundamental step to end inflation and open the exchange rate.
The president insisted that the measure will not increase the gross debt of the country, since the objective It is that the treasure cancels its debt to the Central Bank instead of issuing new financial commitments.
The announcement comes at a key moment, in the midst of the debate on the sustainability of the programeconomicAnd the government’s strategy to release the exchange market without generating an inflationary impact. With this measure, Milei seeks to send a signal to the markets and ensure that their stabilization plan will not put public accounts at risk.
