2023-04-26 23:26:16
Argentine "super economic minister"
Sergio Massa has publicly released his weekly work schedule, he'll be meeting with provincial governors and local business men.
- The most important point is that on Thursday an economic ministry team led by the economic vice minister and chief of staff will be flying to the IMF to discuss in person (and effectively beg) for a 10 billion dollar relief, it is unlikely for it to be deployed but should it begranted it effectively would last only 2 months at the current rate, a far cry from reaching the election.
- Today Monday he had a meeting with the
Chinese firm
Ghezouba who will be offloading the second part of a 520 million dollars as a reinforcement to the Central Bank at some point before June 30th.
- On Tuesday he will be meeting with local businessmen, announce 500 million dollars investment (unknown if international investment or paid by the treasury) into the oil industry and communicate 380 million dollars to reinforce the Central Bank from "multiple international organizations" all tied to the
United States .
- On Wednesday the dollar savings program will be announced as well as the start of operations in
Chinese Yuans for importing companies, which have estimated savings of more than 700 million dollars per month which are sought after locally unlike the Yuans.
In reality their plan is that the economic bomb explodes to the next administration not theirs, with the IMF already declaring that they only want to talk to and negotiate with the next administration it's not looking good for the ministry and thus shows that they're willing to knock on the door of anyone for any cash just to get them to survive until the November elections.
Argentina non habet Argenti as usual.
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