In the final stretch towards the elections, the Minister of Economy Luis Caputo He used his social networks to ratify the government map of the government. “We are just going to accelerateas people want. We will advance with the tax and labor reforms to continue changing the country, “he published in his X account, accompanying the message with a video.
The audiovisual material, originally shared by another user and then cited by the official, shows it by stating: “Campaign was made by promising this change. People want us to accelerate, not to stop. And that’s what we’re going to do”
Caputo chose to strengthen his position in a context in which political tensions and electoral uncertainty are transferred to the markets. His intervention in networks aims to clear doubts about the course of the economic program and highlight that structural reforms continue on the official agenda.
Pablo Quirno also ratified the economic course
The minister’s message aligns with what was expressed days ago by the Secretary of Finance, Pablo Quirnowho ratified the validity of the exchange bands agreed with the IMF and ruled out a devaluation. Within that framework, he said that economic policy “has a very clear north” beyond the electoral contest, reinforcing the idea of continuity and discipline that the government seeks to convey in the previous elections.
Quirno explained that interventions are limited to situations of lack of liquidity, financed with own resources generated from the fiscal surplus, and stressed that Reservations will not be touched or the agreement with the IMF will be compromised. He also reiterated that the exchange policy seeks stability within the bands established since April: buying dollars on the floor and selling on the roof.
The Secretary of Finance acknowledged that the current electoral situation generates uncertainty and caution in the marketwhich causes both consumption and investment to retract. However, he insisted that it is a “circumstantial” phenomenon and assured that the economic program has a solid and defined frameindependent of the political contest.
In addition, Quirno linked some recent tensions to speculative maneuvers, mentioning a Bank of Chinese origin that would have tried to force the dollar rise. In this regard, he clarified that all measures were previously evaluated and approved with the IMF, reinforcing coordination with the international body to guarantee the continuity of the economic plan. He also noted that the recent increases in interest rates, such as the shortest Lecaps that reached 75% in the last tender, are linked to the climate of political uncertainty and could be maintained until the end of October, within a controlled frame that supports the official road map of the government.
With these messages, the economic portfolio seeks to transmit stability and continuityreinforcing the idea that, regardless of the electoral scenario, The course of the economic program will be maintained without structural changes and focus on the promised reforms.
Source: Ambito
