Monday , January 25 2021

For Dujovne everything is fine Reality, according …



Although the numbers denied it, the Finance Minister, Nicolás Dujovne, once again claimed that the "inflation rate" was high but decreasing "and to explain the economic crisis again went to the" wind from & # 39; outside "was affected especially to emerging countries. "We're coming from a difficult year where we had a wind out of the outside and also the drought. For Argentina, it really affected it because we were correcting & # 39; the imbalance, but we did not finish that task again, "he explained when he reported on 2018 that he had just started. In the massive ruidozos framework, it did not rule out a further increase in public service rates.

Although the INDEC announces that the 2018 inflation was the highest since 1991 with an increase of 47.6 percent, the head of the government's economy team Mauricio Macri said he was "going down", at the same time as he would blame & # 39 ; r "optimism" "A" Government's initial expectation "on the chance of reducing inflation.

"We had a peak of 6.5 in September and 2.6 in December. Just as when the shock began in April last year, it was slow to transfer to the level of activity, because it has eyes, the biggest financial policy restrictive with them, "he said. From the gondolas, Dujovne's stability is reflected in the amendment in the Argentine asset price, in stocks, in bonds. "

In the midst of the multiple casualties called against the increase in public service prices, he explained that the wholesale price of electricity and gas was reviewed in his "every year" scheme and did not make the best of new progress. "Onwards, as public service prices continue to evolve, it will have to do with inflation, with the exchange rate movement. But we have already dealt with most of the way it's he must travel, "he said when he asked for the subject.

The minister who appealed to the International Monetary Fund for assistance during the 2019 currency crisis with more promises: "We will want to meet the primary balance goal in 2019. In January, we will have a basic rest and we will comply with the commitment we have assumed. Just as the Central Bank will comply with its financial commitments, we will in budgetary matters comply with the budget voted by Congress, "he said .

Dujovne also denied that the Fund's views were influencing the government's program, despite the fact that Christine Lagarde had 28090 million dollars under the entity chaired by less than six months. "It's our program. And we offered the Fund to support us on our route to the primary balance in 2019 and to the basic surplus in 2020. So this is not a tolerance than The Fund's lack of tolerance to achieve our goal, "he said in an interview with the IMF. Paper The Nation

When asked about the prospects for increasing labor flexibility, the minister chose euphemism: "I would not call it, we'll call it modernization, which is what & The government is trying to do with the Production Minister, Dante. Sica. "


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