USA (Washington Insider Magazine)— Mario Marcel, Minister of Finance, has embarked on a tough work schedule in the United States, where he is attending the World Bank Group’s (WB) and International Monetary Fund’s (IMF) Spring Meetings.
Upon his arrival in Washington yesterday, Marcel had discussions with risk rating companies, followed by a meeting with investors at the LatamDay event organized by Banco Itaú. During these engagements, the minister outlined significant topics on macroeconomic trends, legislative developments in Congress, and advancements in the green hydrogen and lithium industry. Investors spanned questions on aspects like the influence of global events on the local economy, the correlation between copper prices and tax revenues, currency structure changes in debt, and growth forecasts for Chile.
Later in the afternoon, Marcel met with the Managing Director of the International Finance Corporation (IFC), Makhtar Diop, to deliberate on the investment portfolio maintained by the institution in Chile and other pertinent matters.
Friday’s Agenda
Today, the Minister started with a breakfast session hosted by the IMF, gathering representatives from South America and Mexico. The session discussed exploring challenges and reforms that could lead to regional prosperity across Latin American economies. After that, Marcel held discussions with the vice president of the World Bank’s Vice President for the Latin American and Caribbean region, Felipe Jaramillo.
Regional Collaboration and Economic Prosperity
According to Diarioestrategia, subsequently, he participated in the meeting of Finance Ministers of the Alliance for Economic Prosperity in the Americas (APEP), led by the Secretary of the Treasury of the United States, Janet Yellen. This was followed by a Round Table session with investors representing twenty companies, co-organized by Invest Chile and the US Chamber of Commerce.
Minister Marcel was scheduled to meet with Rodrigo Valdés, the director of the Western Hemisphere Department of the IMF, and Pierre-Olivier Gourinchas, the chief economist of the organization, during the afternoon session. To cap off the day’s activities, there was also an appointment with Ilan Goldfajn, head of the Inter-American Development Bank (IDB).
