Luis Caputo spoke about the agreement with the IMF: "It will help the country regain market access."

Economy Minister Luis Caputo spoke this Thursday after the IMF announced a technical agreement for Argentina to receive US$2 billion. "It will significantly help the country regain market access," he said.

"We signed an excellent agreement for the country; it's better than what we've signed before ," the official said on the program Las Tres Anclares on the pro-government streaming channel Carajo .

Caputo considered the agreement reached this Thursday to be better because, he stated, "it will significantly help the country regain market access so it can, at the very least, refinance its debt."

"There's sometimes a lot of talk about accumulating reserves; in reality, this is a government that has done nothing but buy reserves," said the minister, who indicated that the next step is for the IMF board to approve the agreement , which he estimates will be approved by the end of July.

The minister also emphasized the positive atmosphere and ongoing dialogue he maintains with IMF staff. "I appreciate how well we work with the Fund. We work very well, we debate, we can argue, but always from a constructive perspective , so I'd like to take this opportunity to thank them as well," he said.

"What the Fund is asking you to do is to accumulate reserves because if you don't, you won't be able to pay them later. If the program is successful, you'll accumulate reserves. We're not worried about that, because the program works. In 18 months, we're the government that has accumulated the most reserves . We're going to accumulate more reserves than anyone thinks. The important thing is to regain market access so we don't lose them," the official stated.

For his part, Central Bank President Santiago Bausili explained the economic team's strategy over the past week to modify bank liquidity.

"Last week, we discussed the ups and downs that would arise from the withdrawal of the LEFIs. We're working on extracting liquidity from the market and adjusting it. When we determine the appropriate liquidity , the market demands that we provide additional liquidity, and if we do that, that liquidity will go to prices and inflation. The market is seeing whether we ease up or not," Bausili explained.

Caputo immediately warned him: "The man knows that if he does that, the Boss (Karina Milei) will come with the chainsaw."

"What happened is super simple: you went from one system to another. It took 20 years of one way of operating. Now we're moving toward a system where deposits go into the real economy ," Caputo continued.

The Minister of Economy revealed that he had "a fantastic meeting" with the Liaison Committee , prior to President Javier Milei's speech on Saturday at the Rural Society , where he is expected to announce the elimination of export taxes on meat.

"We showed them everything we're doing, and they're grateful. What's coming is much better for the sector. We want the model to reach the people. Some industries will fare better than others; it's a matter of being more efficient. I see this model becoming more widely accepted, and much more investment is being made," Caputo commented.

Regarding the continued investment, the official continued to express his optimism for the future regarding private sector investment. "What strikes me is the number of investors in the real economy. They identify with Argentina and want us to do well to show the world that this is the way forward," he noted.

"If you look at the energy-mining balance for the coming years, by 2033 we'll have a surplus of $54 billion , twice what the agricultural sector is today," Caputo predicted.