By Rodrigo Campos
(Reuters) – The Worldwide Financial Fund’s director of the Western Hemisphere Rodrigo Valdes has totally delegated all negotiations with Argentina to different officers, the fund stated on Thursday.
“To finest help the continued constructive engagement with the Argentine authorities, Western Hemisphere director Rodrigo Valdes has totally delegated program negotiations,” IMF spokesperson Julie Kozack stated at a scheduled press convention.
She stated Deputy Director of the Western Hemisphere Division Luis Cubeddu and mission chief for Argentina Ashvin Ahuja, “whose work is immediately overseen by fund administration,” are answerable for talks with Argentine authorities.
Argentine president Javier Milei had earlier this yr criticized Valdes, and in July Kozack stated Valdes had the total help of the fund’s administration.
In a mirrored image of the tensions that had constructed between Valdes and the right-wing administration led by Milei, an Argentine authorities supply welcomed the transfer in a briefing on Thursday and reiterated criticism of the IMF official.
“He’s a leftist who doesn’t perceive our financial program,” the particular person stated, a reference to Valdes’ time as finance minister beneath leftist Chilean president Michelle Bachelet from 2015-17.
The IMF didn’t instantly reply to a request for touch upon the assertion.
Valdes, who earned a Ph.D. in economics from the Massachusetts Institute of Expertise, has held his place on the IMF since Could 2023. He beforehand labored within the non-public sector, together with at Barclays Capital and BTG Pactual.
