Prat-Gay Said Likely to Meet IMF as Argentina Opens Books
- Argentina locked out of global capital markets since 2001
- Macri government seeking to normalize relations with IMF
Argentine Finance Minister Alfonso Prat-Gay.
Photographer: Eitan Abramovic/AFP via Getty ImagesArgentine Finance Minister Alfonso Prat-Gay will probably meet with the International Monetary Fund’s Christine Lagarde at the World Economic Forum in Davos, Switzerland, to discuss resuming formal ties with the international lender, according to a person with knowledge of the matter.
Prat-Gay, a former JPMorgan Chase & Co. executive and central bank president, will discuss allowing the IMF to conduct its first review of the Argentine economy since 2006, said the person, who asked not to be identified because the matter is private. Under Article IV of the IMF’s statutes, members face regular inspections in which officials from the Washington-based fund speak to lawmakers, business leaders and unions to make recommendations about the country’s economic outlook.