This shift has occurred as a result of the poor relationship between Rodrigo Valdés, director of the IMF, and the president of Argentina.

The International Monetary Fund (IMF) has decided to remove the director of the Western Hemisphere Department, Rodrigo Valdes, from the negotiations with Argentina, delegating these functions to the deputy director of the same department, Luis Cubeddu, and the head of the mission for Argentina, Ashvin Ahuja.

This move has come as a result of the poor relationship between Valdés and the president of Argentina, Javier Milei. The latter has harshly criticized the head of the Fund, whom he accused of having "bad intentions towards Argentina."

"I am convinced that this person does not want the best for Argentina," Milei said in a radio interview at the end of July, which sparked a stir in the IMF months later, with the decision to change the person in charge for the southern country.

According to the Argentine president, the IMF official was "absolutely considerate" with the previous Argentine government, headed by Alberto Fernández, while "every day he is putting objections" to the current administration and trying to "sabotage" it in response to Buenos Aires' new foreign exchange policy.

Valdés had previously been supported by IMF Managing Director Kristalina Georgieva. However, in order to reach an agreement on the program that the country is negotiating with the Fund, the organization has opted to leave Valdés in charge of the entire American hemisphere, except Argentina.