At a time when the next agreement between Argentina and the International Monetary Fund, the French President is discussed Emmanuel Macron said that “The Argentine people can always count on France’s support. “
The support came after a telephone conversation that Macron held with Javier Milei. The European president was the first to public The economic situation in Argentina and the challenges to face. The Argentine people can always count on France, “he wrote.
He added: “Much more than an ally in key sectors, such as critical metals, Argentina is a friend with whom we want to build the economy of the future. ”
France is one of the countries with the most weight within the fundbehind the United States, Japan, Germany and the pair of the United Kingdom.
Minutes later, Milei responded to the tweet: “We deeply value his support and commitment from France to the Argentine people. We will continue working together, as true friends, to face the challenges and build shared opportunities in key sectors for the future.”
Thanks, president @EmmanuelMacron. We deeply value his support and commitment from France to the Argentine people.
We will continue working together, as true friends, to face the challenges and build shared opportunities in key sectors for the future.– Javier Milei (@jmilei) March 25, 2025
Macron’s support comes in ato a key week for the government in financial terms. This Tuesday an informal meeting is expected between the technical staff and the directors To analyze the new program, according to the Bloomberg agency.
Argentina could receive up to US $ 20,000 million To pay maturities and have fresh funds. Of that total, US $ 12,000 million would be to refinance capital maturities until 2029 and US $ 8,000 million to strengthen reservations, although the amount to intervene in the change market is unknown.
In addition, a scheme of exchange bands or administered flotation is expected, the liquidation of 10% of exports in the CCL (instead of current 20%) and the gradual opening of the CEPO.