Kristalina Georgieva
π€ SpeakerAppearances Over Time
Podcast Appearances
And we need to remember, people go for the dollar because of the depth of the capital markets in the United States, the liquidity, the size of the economy, the productivity.
of the American worker, which is unmatched in other advanced economies.
So, yes, it is likely, as the world becomes multipolar, it is likely to see this trend, but it is a slow, slow, slow process.
We work hand in hand with the Argentine authorities and with the partners of Argentina, first and foremost US Treasury because of the size of their support, but also the World Bank, the Inter-American Development Bank, and we do it because we see a genuine change for the better in Argentina.
Over the last two years, what have we seen?
From negative growth to 4.5% this year.
And this is slower than last year.
Inflation from triple digits down to 28%.
Deficit gone.
Instead of it, there is surplus.
very important, poverty trending down.
And that means that there is something happening in Argentina that is good for the future of Argentina.
Well, he will be there.
He will be the president for some time to come.
And I think that there is a still fairly strong support in Argentina for getting the country to be a normal economy in which
regulations are meaningful and for purpose.
There is a very big regulatory house cleaning that is taking place in Argentina.
So I expect that even if we are in a somewhat different place, and frankly,
We don't deal with politics.
It is for the people of Argentina to decide.