Máximo Kirchner resigns from presiding over the parliamentary bloc of the Frente de Todos in rejection of the pact with the IMF

“I have made the decision not to continue in charge of the presidency of the block of deputies of the Front of All. This decision stems from not sharing the strategy used and much less the results obtained in the negotiation with the International Monetary Fund (IMF), carried out forward exclusively by the economic cabinet and the negotiating group that responds to and has the absolute confidence of the President of the Nation (Alberto Fernández), to whom I never stopped telling my vision for not reaching this result,” Kirchner said in a statement .

The deputy added that “it would be more than incorrect to cling to the Presidency of the Bloc when a project with such a decisive centrality cannot be accompanied in terms of the present and the years to come” and has denied that he exerts “pressure”, since, he stated, “that is done by the International Monetary Fund”.

“Don’t talk about a tough negotiation when it wasn’t”

“Some may wonder what option I offer. In principle, call things by their name: do not talk about a tough negotiation when it was not, much less talk about ‘benefits’. The reality is harsh. I saw the president (Néstor) Kirchner burn his life in this type of situation,” he said.

“I will remain within the bloc to facilitate the task of the President and his entourage. It is better to step aside so that, in this way, he can elect someone who believes in this program of the International Monetary Fund, not only immediately but also looking beyond December 10, 2023,” he clarified.

The deputy recalled that “since the day that, in 2018, Mauricio Macri brought the IMF back to Argentina, whom Néstor Kirchner, through the historic cancellation of a debt of 9.8 billion dollars, managed to banish from our country for being the key trigger in every economic crisis since the return of democracy and whose most eloquent symbol was the crisis of 2001, we knew that this would be the biggest problem for our country”.

In the continuity of the text, he revealed: “I do not aspire to a magical solution, only a rational solution. For some, pointing out and proposing to correct the errors and abuses of the IMF that never harm the organization and its bureaucracy, is irresponsible. For What is irrational and inhumane to me is not to do it. After all, the IMF shows that the important thing is not the reasons, since it is only about force”.

“I will continue working, as I have done until now, with an agenda that includes laws such as Wetlands, Production of Medicinal Cannabis and Industrial Hemp, Access to Land, Packaging, Promotion of Federal and Inclusive Agro-industrial Development and Promotion of the Automotive Industry” , Kirchner has listed, revealing his interest in issues not included by the Executive Branch on the agenda of special sessions.

The deal with the IMF

The president of Argentina, Alberto Fernández, announced last week an agreement with the International Monetary Fund (IMF) to refinance the loan of more than 44,000 million dollars that the agency granted to the country in 2018, during the government of Mauricio Macri.

The agreement with the IMF was agreed through an “extended facility program”, in which during the next two and a half years it will be financed through special drawing rights (SDR), which will cover all the remaining maturities of the “standby” program. of 2018.

Every three months there will be “reviews” of the agreed program and disbursements will be made that will serve both to make payments and to accumulate monetary reserves. The next step is for the agreement to go through Congress to be approved.