The republican legislator for Florida María Elvira Salazar on Tuesday sent a letter to the United States Treasury Secretary to support the Argentine government for a new program with the International Monetary Fund: “Argentina needs an ambitious agreement with the IMF”, The representative said and said that the country would need a plan with an initial disbursement of US $ 15,000 million.
Salazar, who has visited the country several times and met with President Javier Milei, presented the letter to Secretary Scott Besent on Tuesday. The role of the treasure, which is the department that manages the relationship of the United States with international organizations, is essential for the executive directory of the Green Light Fund to any program.
Thank you María Elvira for your continued support! 🇦🇷🇺🇸 https://t.co/JcuLjfwrCp
– Totocaputo (@luiscaputar) April 1, 2025
As the first economic power of the planet, the American vote has a key weight in the Board, which in the coming weeks will analyze a new program that would contemplate a disbursement of 20,000 million dollars in several sections.
Kristalina Georgieva managing director said Monday in an interview with Reuters that it was “reasonable” that Argentina requested an initial disbursement of 40% of the entire program, that is, about US $ 8000 million. However, the American legislator presses for a larger initial amount: 75%, which would be equivalent to about 15,000 million.
“The relationship with Argentina, one of the most important allies of the United States in the western hemisphere, is at a key moment,” The legislator wrote.
“Under the command of President Javier Milei, Argentines are fighting to get out of a stupor induced by socialism. They are fighting against inflation, deficits and the economy damaged by years of negligence. Argentina desperately needs the approval of an aggressive fiscal package of the International Monetary Fund (IMF) to help them overcome this difficult moment. As secretary of the Treasury of the United States, I write to ask you Allied, ”he added.
Minutes after Salazar announced his letter for X, Minister Luis Caputo thanked him: “Thank you María Elvira for your constant support,” he wrote.
The legislator, born in Cuba and raised in Miami, added: “As Cuban-American, I know socialism. He destroyed the country of my parents, which went from having a GDP more or less that of Spain in the 1950s to one in which they even fight to keep the lights on today. Argentina has suffered this same curse of socialism, but President Javier Milei is decided to save his country.”
“Argentina has to be the example that freedom is the way. If Argentina can successfully leave its economic crisis, then all of Latin America will benefit. Latin America desperately needs an example to look at, and Argentina is the moral and political referent that can show its neighbors the way to follow. In addition, everyone’s free world will benefit as people from all over the world understand that freedom and capitalism are the path to prosperity, not socialism. Crucial that we now help President Milei. ”
“Argentina needs an ambitious agreement of the IMF,” follows the deputy.
“To get the economic crisis and implement the necessary changes to reactivate the Argentine economy, the IMF must intervene and help straighten the ship. An agreement of at least 20,000 million dollars with an initial disbursement of 75% (15,000 million dollars) is what is needed to stabilize the economy and get Argentina out of this. There is no doubt that the return of investment will be enormous for the free world. Please use your voice and influence on the IMF to make sure an agreement of this size is made. ”
“Argentina can be an economic miracle and be an example for the rest of the world if we can help them overcome this critical stage.