The Argentinian government receives the IMF and awaits approval of a new disbursement.
The International Monetary Fund (IMF) mission arrived in the country for meetings with the Government's economic team to conduct the first quarterly evaluation of the new $20 billion agreement signed with the country. "The Government is not meeting one of the Fund's targets. We had to accumulate dollars to be able to pay the debt we have with the organization, but in recent months reserves have not been genuinely accumulated," said Celina Calore, economist at the Scalabrini Ortiz Center for Studies, on Cara o Ceca. "The Fund is not interested in where Argentina gets the dollars from, but it does want stability to be sustainable, that is, that reserves are not used to maintain a certain exchange rate," she stated. "The IMF is being condescending with the Javier Milei government for an ideological and political reason," she concluded. Petro enacted the new Labor Reform law. The law seeks to improve the conditions of the more than 10 million registered formal workers. Among the most important benefits is the gradual increase in compensation to 100% for those who work on Sundays or holidays. "Colombia is looking for what is necessary to reach those sectors that are not within social security. The new rule aims more at young people who are just entering the world of work and to avoid precariousness," said Diego Aretz, Colombian journalist, on Cara o Ceca. "The most important challenge is to see how the business sectors adapt to this law. There we will see where the reality is, whether this will increase unemployment or not," he concluded.
Original title: El Gobierno argentino recibe al FMI y espera la aprobación de un nuevo desembolso
Original description: La misión del Fondo Monetario Internacional (FMI) llegó al país para reuniones con el equipo económ…