The official also communicated that the anticipated pact involves the recapitalization of the Central Bank (BCRA) without this resulting in an increase in the country's debt. Regarding the currency control, Adorni clarified that its removal will not be determined by the new agreement with the IMF, but will take place "when the conditions are right."
In line with the words of President Javier Milei and his explanation during the inauguration of the Congress sessions, the spokesperson assured that the possible agreement with the international organization will not result in an increase in debt, but will focus on the recapitalization of the BCRA.
Additionally, Adorni mentioned that the lifting of the currency control will occur when the appropriate conditions are met, indicating that the agreement with the IMF does not necessarily imply its immediate removal.
The news was initially published in the media outlet Mendoza Today and confirmed by the presidential spokesperson during the regular press conference. This agreement is expected to be finalized in the first months of 2025, although it is not yet completed.
In summary, the Argentine government is working to finalize a new agreement with the IMF in the coming months, with the intention of recapitalizing the BCRA and without this implying an increase in debt. The lifting of the currency control will be carried out "when the conditions are right," according to the presidential spokesperson.
