Latin American presidents ask Biden for help in Argentina's negotiation with the IMF

2023-06-22 22:05:25

In the last few hours, six Latin American leaders joined in sending a message to the President of the USA to intervene in the situation you are going through Argentina in front of the debts that it has with the FMI.

The message of the Latin American presidents

“The countries of the region are closely following the situation that Argentina is going through, as a result of the combined effect of over-indebtedness in the previous administration, the pandemic, the impact of the war in Ukraine and the consequences of the worst drought the country has suffered in the past. last century“, describes the letter when referring to the global and local scenario in which the country must face future maturities with the FMI.

The leaders of Latin America also remarked that, “the argentine government has been working hard to deal with the exceptional debt contracted with the International Monetary Fund“the one you defined as”he largest credit granted in the history of the organization“.

The tweet from the Argentine Foreign Ministry with the complete letter signed by the heads of state of various Latin American countries

Argentina sent the President of the United States, @POTUSa letter signed by the Heads of State of Brazil, Bolivia, Chile, Colombia, Mexico and Paraguay.

We appreciate your commitment to finding a way out of the over-indebtedness caused by the IMF loan. pic.twitter.com/zHupyqGsdE

– Argentine Foreign Ministry ???????? (@CancilleriaARG) June 22, 2023

In addition, they expressed to the President of USA: “BWe are looking for a solution that allows the growth of Argentina, the generation of employment and the increase of its exports. All of them are necessary conditions for the country, in turn, to be able to face the maturities of the aforementioned loan.” And they added that they believe that, “it is possible to find a consensual solution that allows Argentina to navigate the situation in which it finds itself“.

The gratitude of Alberto Fernández

The Argentine president, Alberto Fernandezthanked “deep“the letter sent to Biden which was signed by the presidents Luiz Inácio “Lula” da Silva (Brazil), Gustavo Petro (Colombia), Andrés Manuel López Obrador (Mexico), Luis Arce (Bolivia), Gabriel Boric (Chile) and Mario Abdo Benitez (Paraguay). “It is another sign of the strength we have as a region if we work together“, the president wrote on his social networks.