Kristalina Georgieva confirmed Sturzenegger on the IMF advisory board.

Kristalina Georgieva confirmed Sturzenegger on the IMF advisory board.
Kristalina Georgieva and Federico Sturzenegger
porEditorial Team
Argentina

The Council will seek to promote entrepreneurship and productivity through macroeconomic and financial policies

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Meanwhile, the Government of Javier Milei is advancing in negotiations to reach a new agreement with the International Monetary Fund (IMF), the director of the organization, Kristalina Georgieva, confirmed this Saturday the incorporation of the Minister of Deregulation and State Transformation, Federico Sturzenegger, to a team of advisors.

"This week I had the honor of convening our Advisory Council on Entrepreneurship and Growth. I appreciate the perspectives of prominent opinion leaders on how macroeconomic and financial policies can drive innovation, entrepreneurship, and productivity," Georgieva wrote on her X account.

"The Council brings together a group of prominent thinkers and professionals from the business, financial, academic, and policy-making fields to share their views and experiences on how macroeconomic and financial policies can create an environment conducive to innovation, entrepreneurship, and productivity, key ingredients for a thriving private sector and solid economic growth," expanded the head of the IMF in an official statement.

Federico Sturzenegger, ministro argentino.
Federico Sturzenegger, ministro argentino.

Georgieva appointed nine members to be part of the Advisory Council on Entrepreneurship and Growth. Alongside Sturzenegger, there will be Ufuk Akcigit, professor at the University of Chicago; Reema Bandar Al-Saud, ambassador of Saudi Arabia to the United States, and Marc Benioff, co-founder, chairman, and CEO of Salesforce;

At the same time, there will be Ana Botín, chairman of Banco Santander; Natarajan Chandrasekaran, chairman of the Tata Group; Margherita Della Valle, CEO of the Vodafone Group; Tony O. Elumelu, founder and chairman of Heirs Holdings; and Robert Smith, founder and CEO of Vista Equity Partners.

According to the official statement, "the Council members will share their views and experiences on how entrepreneurship and productivity can be promoted through macroeconomic and financial policies."

Javier Milei y Federico Sturzenegger.
Javier Milei y Federico Sturzenegger.

Explaining the reasons for the creation of this council, the IMF director highlighted that "the medium-term prospects for global economic growth are at their lowest level in several decades" and noted: "A large part of the slowdown can be attributed to the decline in productivity growth."

The newly established advisory council will hold meetings approximately every three months, in gatherings organized under Chatham House rules.


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