President Javier Milei has invited Kristalina Georgieva, Managing Director of the International Monetary Fund, to visit Argentina at the end of the month. The announcement follows an IMF report that upholds its economic growth forecasts for the country, coinciding with the appointment of an Argentine economist as the fund’s new chief economist. Economy Minister Luis Caputo confirmed Georgieva’s visit, emphasising the robust relationship between the Milei administration and the international financial institution. “I am pleased to announce that at the end of the month we will welcome IMF Managing Director Kristalina Georgieva to Argentina, where she will visit our country at the invitation of President Javier Milei,” Caputo tweeted. The minister characterised the dialogue between the government and the IMF as “excellent” and stated that the visit occurs “within the framework of the successful economic program currently underway.”
Caputo also emphasised that Georgieva’s visit “will allow us to continue deepening our joint work and the IMF’s support to consolidate the progress achieved in terms of economic stability and growth.” The latest engagement between Caputo and Georgieva occurred in April in Washington, D.C., coinciding with the IMF and World Bank Spring Meetings. Regarding Milei, his most recent engagement with the IMF chief occurred on September 24, 2025, in New York, with Caputo present as well. During that meeting, they discussed the economic and financial impact of the US$20 billion currency swap that U.S. President Donald Trump had recently granted Argentina. The July edition of the IMF’s World Economic Outlook, published on Wednesday, maintained its projections for Argentina’s GDP growth, forecasting 3.5% growth in 2026 and 4% in 2027, both surpassing the regional and global averages.
At the conference following the report’s release, IMF Deputy Director of the Research Department Petya Koeva Brooks remarked that “the disinflation process has resumed, and inflation is expected to continue declining gradually, reaching 25% by the end of 2026.” For Latin America as a whole, the IMF has adjusted its 2026 growth forecast upward by 0.1 percentage points to 2.4%, while maintaining its 2027 projection at 2.7%, attributing this to “heterogeneous dynamics across countries.” The report encompasses data exclusively for Brazil, Mexico, and Argentina, with Argentina exhibiting the most robust growth projections of the trio. The third major development involving Argentina and the IMF on Wednesday was the appointment of Argentine economist Silvana Tenreyro as the Fund’s new chief economist. “She brings exceptional academic & policymaking experience that will further strengthen the IMF’s analysis & policy advice to help our membership navigate a complex global economy,” Georgieva wrote on X. Caputo also expressed approval of the announcement. “Congratulations, Silvana! What a tremendous recognition!” he tweeted.
The IMF announced that Tenreyro will take over from Pierre-Olivier Gourinchas, assuming the role on August 10. Tenreyro obtained an economics degree from the National University of Tucumán in 1997. She subsequently obtained a master’s degree from Harvard University in 1999 and achieved her Ph.D. there in 2002. She held a position as an economist at the Federal Reserve Bank of Boston from 2002 to 2004. In 2004, she relocated to the United Kingdom to affiliate with the London School of Economics. She subsequently held the position of an external member on the monetary policy committee of the Bank of Mauritius from 2012 to 2014. From 2017 to 2023, Tenreyro served as a member of the Monetary Policy Committee at the Bank of England. She has also been a visiting scholar at the European Central Bank and, since 2023, has served on the external advisory group of the IMF managing director.