With a pin of Javier Milei’s signature chainsaw affixed to her jacket, Managing Director of the International Monetary Fund Kristalina Georgieva threw her support behind Argentina’s new administration in Washington last month. During a press conference at Washington’s Spring Meetings, she urged Argentinians “to stay the course” and back Milei at the upcoming legislative elections in October. “It’s very important that they don’t derail the will for change,” she said.
After publicly endorsing Milei’s economic achievements since coming to power in December 2023, Georgieva approved a new bailout package of USD 20 billion. This comes despite the fact that Argentina has yet to repay a single dollar of…