.@Martin_M_Guzman says the Argentine government had 3 principles in its COVID-19 @Economia_Ar response:
1. Protect Argentines' health.
2. Protect those who fell into vulnerability.
3. Protect the know-how of workers and firms.
Watch #CouncilARG LIVE: twitter.com/i/broadcasts/1…
@Martin_M_Guzman @Economia_Ar Argentina intends to start negotiations for a new IMF program, says its finance minister.
“It’s going to take time—and it has to take time—it requires larger involvement than just the executive,” @Martin_M_Guzman, @Economia_Ar.
Tune into #CouncilARG LIVE. bit.ly/3dm2wdG
On debt renegotiations, @Martin_M_Guzman says legal terms proposed by Ad Hoc group "would basically entail that the progress … made over the last few years in terms of the contractual language would be undone. That’s not something that Argentina can commit to."
#CouncilARG
"Argentina is not seeking innovations at this moment, but only to resolve the crisis that we are suffering in an orderly manner," says @Martin_M_Guzman, adding the country will adhere to collective action clauses endorsed by the G-20 and IMF, of which it is a member.
#CouncilARG
@Martin_M_Guzman In March, Argentina's president proposed new energy sector rules.
"It remains our intention to redefine these rules and make sure that the development of the energy sector is consistent with a sustainable growth trajectory." —@Martin_M_Guzman of @Economia_Ar #CouncilARG
@Martin_M_Guzman @Economia_Ar And that's a wrap to our conversation with Finance Minister of Argentina @Martin_M_Guzman on #CouncilARG. Thanks to all who participated, including Corporación América, HSBC, Citi, and Mercado Libre.
Watch the video. bit.ly/2YPLSOm
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