Wednesday, September 2, 2026
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Caputo meets Bessent and Georgieva at G20 finance summit

Argentina's Economy Minister Luis Caputo held three bilateral meetings at the G20 summit in North Carolina, winning praise from the IMF and U.S. Treasury.

By Andrés Calderón, Business and sports reporter · Asheville · Wednesday, September 2, 2026

ASHEVILLE, N.C. — Argentina slashed real public spending 30 percent since December 2023. That number led Economy Minister Luis Caputo's remarks to G20 Finance Ministers and Central Bank Governors at the Omni Grove Park Inn here, where he told counterparts that macroeconomic stability is the indispensable foundation for any lasting recovery.

On August 31, Caputo sat down with IMF Managing Director Kristalina Georgieva on the sidelines of the two-day summit. Georgieva called Argentina's recovery 'impressive' and credited sound policies and solid implementation. The meeting focused on Argentina's economic agenda and its progress toward stability and growth.

The headline session came September 1: a 20-minute bilateral with U.S. Treasury Secretary Scott Bessent — the first face-to-face between the two since a financial rescue operation the previous year. Before the meeting, Bessent told former National Economic Council director Larry Kudlow that Argentina 'is leading a historic opportunity in the Western Hemisphere.' The two sides covered the Argentina–U.S. bilateral relationship, the global economic outlook, and the impact of the Middle East crisis on global markets.

Caputo also met separately with World Bank President Ajay Banga to discuss growth opportunities and deeper financial cooperation between the institution and Argentina.

Caputo traveled with a heavyweight delegation: Central Bank President Santiago Bausili, Economic Policy Secretary José Luis Daza, and Central Bank Vice President Vladimir Werning. The G20 Finance Ministers and Central Bank Governors meeting ran August 31 through September 1, 2026, at the Omni Grove Park Inn in Asheville, North Carolina.

SourcesDiario Río Negrohoydia.com.arClarin.comEl Eco