The economist Carlos Melconian warned that Javier Milei’s government You must implement one correction of your economic plan After the October legislative elections, considering that the current scheme is not sustainable in the medium term.
“A correction will have to come, a rearrangement of the regime, but that will be after the election”Melconian said in a radio interview. As he said, the Executive prepares a“reformate”, Which will be presented as a“ phase 4 ”of the economic program.
The former official questioned the official narrative about the adjustment and said that the government did not use the “chainsaw” as promoted, but The main tool was the “blender”.
“The chainsaw is pretty for the media cachengue, but it did not enter where it should enter. The biggest instrument was the blender: inflation against nominal increase, ”he explained.
According to Melconian, the executive applied a strong Public spending liquefactionespecially in Retirements, subsidies, state wages, goods and services, and public works. He added that the adjustment was more severe in Transfers to provinces and tariff increase.
In that context, he projected that after the legislative elections, a Readzation of the exchange schemewith a higher dollar: “The government will have to buy dollars, and when it does as God commands, the exchange rate will be higher than this. There will be a exchange market rise that will be healthy, without tragedy”
Excess dogmatism
Melconian also pointed against the lack of proposals in the opposition and against the excess dogmatism of libertarian ruling.
“From the center to the left, they better be embrace to the fiscal surplus, because if they are not going to compete”, He launched, in reference to the electoral challenge of opposition spaces. But he also warned:“If those on the right believe that with the surplus it is enough, they will collide”
When referring to the speech of Cristina Kirchnersaid that it is a strategy to loyalty of votes that does not offer alternatives: “She wants her piece. Patea El Hormiguero, but It doesn’t say how the movie follows “.
Finally, he closed with a warning aimed at the government. “In the Sahara de Politicians desert, it reaches you to lower inflation to 18%. But in the third or fourth year, Rosa – the common people – begins to bother him 25%. They have to go for more”, He concluded.
Source: Ambito
