Finance Minister Nicolás Dujovne and Central Bank President Guido Sandleris will attend the Davos World Economic Forum tomorrow, where they will hold bilateral meetings with investors, bankers and various officials.
Although the Forum will begin formally on Tuesday night and will last until Friday, officials will start talks with representatives of multilateral credit institutions and investment banks from Monday. Your agenda will be as follows:
* Tuesday: Bilateral meetings with investors and banks.
* Wednesday: Participate in the panel of the WEF “Emerging Markets Outlook”, where they will speak Carrie Lam (Chief Executive of Hong Kong), Berat Albayrak (Minister of Finance and Finance of Turkey), Kamal Nath (Governor of Madhya Pradesh, India), Tarek Sultan Al Essa (CEO of Agility), and Kevin Sneader (global managing partner of McKinsey). Then they will have a bilateral meeting with Tharman Shanmugaratnam, deputy prime minister of Singapore, and later they will give a press conference.
* Thursday: They will have a bilateral meeting with Christine Lagarde, managing director of the IMF; and David Lipton, first deputy managing director of the organization. And later they will meet with Ueli Maurer, Swiss Finance Minister; and Thomas Jordan, president of the Swiss National Bank.
The meeting with Lagarde will come after knowing that 2018 closed with a fiscal deficit of 2.4% of GDP, below the 2.7% agreed with the agency.
“This result implies the fulfillment of the fiscal goal established in the stand-by agreement with the IMF, which will review the program next month. We will surely access the US $ 10,800 million disbursement in March, which will clear the program horizon financial, “said Dujovne on Friday.
Although the Government has covered all IMF disbursements for 2019 in its financial plan, it anticipated that if it manages to refinance at least 70% of the payments foreseen for this year, it will cancel the 2020 debt.
President Mauricio Macri will not participate in the Forum, as he had done in the previous ones since he took office in December 2015. Nor will the presidents of the United States, Donald Trump, of France, Emmanuel Macron, and the British Prime Minister, Theresa May.
The one that will debut in this edition will be the new Brazilian president, Jair Bolsonaro, whose presence generates great expectations. He will be accompanied by his Economy Minister, Paulo Guedes, and Justice, Sergio Moro, among other officials.
The Latin American presence will be completed with the presidents of Colombia, Ecuador, Peru, Paraguay and Costa Rica, but the Mexican president, Andrés Manuel López Obrador, will not be there.
The official program of the Forum will cover the contamination of plastics, the development of artificial intelligence and the role of women in companies, among other topics. According to a recent survey, climate change is the main concern of the participants.