The economist Carlos Melconian He referred to the aid of US Treasury to the government of Javier Milei. Compared to the agreement with the IMPsaid that previous measure “is a baby chest” next to the recent support of the government of Donald Trump.
“This is very strong,” said Melconian when referring to this morning’s twit US Treasury Secretary Scott Besent. There, the American said that the treasure “is ready to buy Argentine bonds in dollars” and “to grant an important credit-by credit through the Exchange stabilization background“
In that line, and after Milei’s meeting with Trump yesterday, he continued: “Then we have to talk about What can come within a thing of this typethat we are totally in balls “, in dialogue with Radio with you.
Carlos Melconian talked about the help of the US Treasury
“Here everything you have in mind to do is reduced Because an economy minister will not come with a program. The ABC of what may be behind all this is already known “warned the economist.
And he completed that he does not expect “a thing of great added value” from the portfolio of Luis Caputo “Because it is submitted to this”: “We have to see how it opts, Its details, the implementation format, the transition, the people. It is a 180 turn. You start fantasizing, an amount that is not clear appears. “
Reflecting on the help of the Treasury, he said: “I one day I said ‘Milei is going well if you recover the weight.’ On the opposite of what he says, because the more they bury the dollarization is that there is something that is going wrong“
For Melconian, “the success” of this type of advertisements, with whom he called heavyweights behind these plans, “you don’t have to use what they want to give you, Because that is that you recovered confidence and you don’t need that“
Facing the future, “the trusted process that comes ahead is very important “ And he linked it to Milei’s attitude: “You have to see how the president returns and which one begins to be his attitude.”
Melconian, the Fmi-Teuu comparison and the case of Mexico
Being suggested if a comparison between the last agreement with the IMF and this treasure support was possible, Melconian was overwhelming: “This has nothing to do with the background. The IMF and his agreements are a chest baby next to this but not by magnitude but by involvement at another level. ”
“I think that until the bottom it is in the little room next to Bessent, sitting as part of a creditor of a contest or bankruptcy. This sees the bottom pass,” he continued.
A history of this type of help is recorded in Mexico in 1994. In this regard, the president of the National Bank said: “I have to see what is inside, the counterpart. Mexico put Pemex’s oil guarantees Above the table. There are always guarantees. “
Scott Besent’s message
The US Treasury Secretary Scott Besent referred to Trump’s meeting with Milei yesterday and said that from the Republican administration they are “ready to do what is necessary to support” Argentina.
Highlighting “stabilization, fiscal consolidation and broad liberalization of restrictive prices and regulations” in libertarian management, said its portfolio is ready for “Buy Argentine bonds in dollars and will do so according to the conditions require it”
He also showed his willingness to give “An important Stand-by credit through the exchange stabilization fund “on which he said that there were already “active conversations.”
“The treasure is currently negotiating with the Argentine authorities A swap of 20,000 million dollars with the Central Bank. We work in close coordination with the Argentine government to Avoid excessive volatility, “he added.
Finally, he said that Trumpist management could “Buy secondary or primary government debt“As for a joint work” to end the tax exemptions for the producers of raw materials that convert currencies. “
Source: Ambito
