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ES
Milei, asked about US Treasury talks, says negotiations are advanced
['Manuela Tobias', 'Https', 'Fotos.Perfil.Com Autores Default']
Buenos Aires Times
“Those negotiations take time and and we don’t make announcements until it’s confirmed,” Milei said in an interview with a local TV channel without referencing the US Treasury.
“But we are working very hard, we’re very advanced, and it’s a matter of time too.”Local media reported that his comments signalled advanced discussions with the US Treasury, which did not respond to a request for comment.
Financial support from Washington would provide relief to policymakers who are trying to reassure investors that Milei can sustain his austerity push after October’s midterm elections.
The Central Bank spent about US$1 billion of its reserves in just two days this week to prevent a devaluation.
“For the past two or three months, we’ve been working to guarantee the payment of bond maturities,” Caputo said.
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