The Mexican president, Andrés Manuel López Obrador, revealed this Tuesday that he will sign a letter with several Latin American counterparts to ask the president of the United States, Joe Biden, to intercede for the financial crisis in Argentina.
Yesterday they sent me a letter that they want to send to President Biden, from some presidents of America, to help the people of Argentina to come out of its economic and financial crisis, and that the International Monetary Fund (IMF) assume your responsibility.”
He expressed in his morning conference.
“Because how is a bank not going to know if a client has or does not have solvency? And I am going to sign the letter, I am going to sign it, and later we will inform (of the content), but I do sign it because Argentina has to be helped,” added the president.
López Obrador supported his ally, Argentine President Alberto Fernández, by blaming his predecessor, Mauricio Macri (2015-2019), for the crisis that the South American country is suffering due to the debt it owes to the IMF.
The Mexican ruler asserted that Fernández “received Argentina, the public treasury of Argentina, with an exaggerated debt” because “the conservatives and the right wing of Argentina” wanted Macri to be re-elected with the support of the United States and international organizations.
So, since there are alliances, especially with international financial organizations, also with foreign governments, credits were granted to Argentina beyond its ability to pay so that they could pour out resources before the election and Macri would be president again ”,
held.
López Obrador justified sending the letter to Biden by denouncing the alleged responsibility of US officials in Argentina’s financial crisis.
The International Monetary Fund authorized by order of United States politicians credits that they knew in advance that they were not going to be able to pay ”,
assured.
The Mexican ruler echoed the arguments of Argentine Peronism.
The Argentine vice president, Cristina Fernández, questioned last Thursday the IMF for having granted in 2018 loans to the then Macri government for some 50,000 million dollars that the current Executive had to agree to refinance in March 2022 due to the lack of conditions to face that debt. .
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