Buenos Aires Herald 
Economy Minister Luis Caputo met with International Monetary Fund managing director Kristalina Georgieva, who called the encounter “constructive” in an X post.
Georgieva, who met with Caputo during the G20 summit of finance ministers and central bank governors in Río de Janeiro, congratulated Argentina’s “strong performance in the fight against inflation, fiscal consolidation and support for vulnerable people.”
“We are committed to support the [government’s] efforts to turn around the economy for the benefit of Argentina’s people,” she added.
Caputo shared Georgieva’s message and called her the “best IMF [managing director] ever!”
The photograph that accompanied the post led to speculation in social media, as Georgieva’s right arm seems to be missing. However, an IMF spokesperson said that the picture was not digitally altered.
Despite consistent praise of the administration’s austerity measures, the Fund and the Argentine government have not always seen eye to eye over the past few months.
President Javier Milei accused the lender’s Director for the Western Hemisphere, Rodrigo Valdés, of being too kind to the previous administration. Milei said he turned a blind eye to certain aspects of Argentina’s economic management because he belonged to the left-wing conference São Paulo Forum — a group Valdés is not affiliated with.
Caputo also said on June 11 that, that week, the administration would seek a new loan from the IMF the government would use to lift the country’s foreign exchange restrictions. However, In a press conference on July 11, the Fund’s spokesperson Julie Kozack backed Valdés and said there was “no specific timetable” for a new deal with Argentina.
