Saturday, November 3, 2012
Economy Minister Hern?n Lorenzino and Central Bank Governor Mercedes Marc? del Pont lead the Argentine delegation in the technical G20 meeting in Mexico, where they insisted on the government?s criticisms against vulture funds and credit rating agencies.
Today and following the traditional ?family photo? finance ministers will meet and later issue a formal declaration and a communiqu? stating the results of the meeting
The Government officials took part of different meetings during the weekend, including a dinner that Lorenzino shared with fellow Finance Ministers on Saturday's night. International Monetary Fund chief Christine Lagarde and World Bank president Jim Yong King were also present at the dinner.
The G20 group represents 85 percent of the world economy and includes the following countries: Germany, Canada, US, France, Italy, Japan, Argentina, Australia, Brazil, China, South Corea, Russia, South Africa, Indonesia, India, Mexico and Turkey.
On Thursday, President Cristina Fern?ndez de Kirchner criticized credit rating agencies and vulture funds as she addressed the impounding of the Libertad frigate in Ghana and the New York court ruling in favour of bonholders that did not take part of the debt swap in 2005.
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