After the wink of the Pope, Wado de Pedro affirmed that “the entire Government has the same position before the IMF” and that the debt must be “payable”

Despite the strong internal differences regarding the negotiation for the debt, the ruling party seeks show a common front: Interior Minister Eduardo “Wado” De Pedro affirmed “the entire national government has the same position” before him International Monetary Fund (IMF). The Executive has been giving in recent weeks a series of adjustment signals aimed at facilitating an agreement with the agency.

De Pedro met with members of the Spanish Chamber of Commerce of the Argentine Republic (Cecra) and assured them that the The government’s idea is that the debt “be payable”, they indicated in the Ministry of the Interior. When he talks about Pedro, he talks Cristina Kirchner.

Read also: “We must move forward with the IMF”: the Government’s explanation of the ban on selling tickets abroad in installments

It was Kirchnerism that paid the debt with the Fund“Said the minister -according to official information- in relation to that payment by President Néstor Kirchner to the IMF for 9,800 million dollars, in January 2006.

The Government prepares the ground for the agreement with the IMF: beware of dollars, fiscal adjustment, messages to the business community and signals from the Pope

The Minister of Economy, Martín Guzmán, prepares the bill that will be sent to the National Congress next week, as officially reported by the national government, the so-called “multi-year economic plan”, which supposedly will contemplate part of what is being discussed with the IMF staff.

In the ruling party they regularly transmit that the project has “the endorsement” of the vice president Cristina Kirchner. After the announcement in Congress, different business and social actors will be presented at the “Social Economic Council”. It was the claim of the Fund: that the agreement has the backing of the opposition and the different sectors of the economy.

In recent weeks, the Government has been giving a series of signals to the IMF. First of all, the Minister of Labor Claudio Moroni advanced that the double compensation and the prohibition of dismissals, which are in force until the end of the year, would not be extended.

The Secretary of Energy, Darío Martínez, anticipated that the Executive would launch a tariff segmentation at the beginning of the year to remove subsidies from households that are considered to have higher incomes, although it is not at all defined what the mechanism will be like.

On the other hand, to another extent with strong prejudices for the middle class, for reduce the outflow of foreign exchange at times when reserves are depleted of the Central Bank, the Government prohibited the payment in installments for the purchase of trips abroad.

In the last hours, Martín Guzmán was appointed by Pope Francis as a member of the Pontifical Academy of Social Sciences of the Vatican.

The minister is the main Argentine negotiator for the restructuring of the debt that our country has with the Fund. Kristalina Georgieva, head of the IMF, is very close to Francisco and listen carefully to each of his statements.

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