President Javier Milei hardly charged economists and industrialists who ask for a devaluation of the currency. “They will have to compete, they will have to lower the returns,” sentenced.
“If they intend to have the returns they had before, this economy changed,” he warned them and launched: “If you want to adapt to that world they adapt, if they do not adapt they will break. ”
In addition, the Head of State recommended the businessmen: “They will have to get used to that they will have to live with a lower exchange rate.” Minutes before had categorically rejected a devaluation of the weight.
Javier Milei: “The dollar is in no way expensive”
The President Javier Milei He defended the exchange scheme again in the middle of the debate for the value of the peso against the dollar: “The dollar in no way is expensive, there is no exchange delay”he sentenced when he left the crossing of economists and industrial sectors that ask for a devaluation.
“We are not going to devalue in any way”he launched categorically after calling the former Minister of Economy Domingo Cavallo. He also pointed out that “This program is much more successful than convertibility.”
“There are three methodologies to understand the exchange delay. The official model, the cavernícles of the Kirchnerists put external controls and after capitals, the consequence of that was the gap, that model also had monetary inflation and growing gap, ”he explained in an interview with A24.
And in that line he applied: “If one looks at our case we have a fiscal and financial surplus for the first time in history and the gap is decreasing and we have accumulated many international reserves.”
Regarding the agreement with the IMF that is in the last instances of negotiationthe head of state assured that it is very advanced by saying that only “He lacks the bun.” In addition, he said that “the program includes fresh funds, without increasing debt.”
“That money will cancel debt to the Central Bank, the debt does not vary and strengthens the balance of the BCRA,” He trusted and revealed that this will be the government’s argument to prevent the agreement with the IMF from passing through Congress.
“Retirement reform is not part of this moment”, The head of state argued and said that it is first necessary to carry out a labor reform.
Source: Ambito
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