After difficult weekswith exchange and superior tension, the Secretary of Finance Pablo Quirno said Saturday that the economic model promoted by the government of Javier Milei It has “a very clear north” and said that There is no possibility that the administration is overthrown or retreated in its policies.
Quirno He answered a question of the journalist Antonio Lajewho asked him what would happen “if this does not work.” The spokesman did not hesitate and maintained: “It will work, there is no doubt that will work Because we have the conviction of a very clear north based on what we have created and generated with President @jmilei ”.
When asked about whether that fiscal balance and the foundations of the government make an eventual overturning of the administration impossible, Quirno was categorical: “There is no way to turn us because we are prepared to battle and defend Argentines. ”
In its publication, Quirno He also added a phrase that reinforces the political position of the government: “Kirchnerism never again”underlining the distance from the previous management and the intention to consolidate the current economic course.
Pablo Quirno warned that exchange volatility will persist until the October elections
Quirno referred to the evolution of the exchange rate in electoral context and warned that volatility will persist, at least, even October 26 elections. In tune with what was expressed days ago, he assured that the program of Javier Milei “It is increasingly difficult to turn” and stressed that they are prepared to face turbulence.
During your presentation within the framework of the 46th Annual Convention of the Argentine Institute of Finance Executives (IAEF)which was carried out in the Hotel Llao Llao of Bariloche, The official spoke about the exchange tensions that crosses the libertarian economic plan and referred to the intervention of the Treasure In the currency market to contain the dollar.
For the minister’s right hand Luis Caputo In terms of finance, volatility will continue until October and attributed the jumps in the dollar to the opposition attempts to affect the official economic plan through the approval of laws and the repeal of presidential vetoes in the Nation Congress.
For Quirno, the country entered “In a fairly particular psychosis” due to the “anxiety” and “uncertainty” which generates the pre -election stage towards the legislative elections in which The Government will measure its fire power before the opposition. That is added, according to the official, to the pressure exerted by the parliamentary opposition.
Despite the volatility that the market records, the official assured the entrepreneurs and investors that the government pursues “fiscal order and fiscal balance” as inalienable principles. “The macroeconomic order leads to reducing the inflationary tax, which is the most perverse and affects the most needy”he said when defending the economic plan.
Luis Caputo reconfirmed the course in the previous electoral: “We will only accelerate, as people want”
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.
Source: Ambito
