Sandleris stated that “When you look at the debt data and compare it with the government’s account, the difference is abysmal. During the first two years of Alberto Fernández’s term, Argentina borrowed US$33 billion per year. To compare, The Government of Mauricio Macri was indebted in US$12,000 million annually”.
“Cristina Kirchner, in her second term, took almost $17 billion per year. So, we should not be surprised that Kirchnerism has problems with the data and with reality,” the economist complained, in statements to the program ” Cristina without turns”, which is broadcast on Rivadavia radio.
In addition, he indicated that governments take on debt “because they spend more than they collect” and added: “That is, because they have more fiscal deficit. When Macri takes the debt with the IMF, it is because he had a series of maturities that he had largely inherited, and that he had to pay.”
“Both Macri and Fernandez took debt with the IMF to pay debt,” he added.
On the other hand, Sandleris questioned the tariff segmentation that the Government seeks to apply to reduce subsidies for electricity and gas.
In that sense, he considered that segmentation “is not enough to correct the fiscal imbalance, but it is nonsense that a country with 40% poverty is subsidizing the rates to those who can pay them.”
However, he acknowledged that with Macri there were “errors” in the implementation of the rate adjustment.
In this framework, the former head of the monetary authority called on the Government to act “responsibly to solve people’s problems and not kick them forward”, and concluded: “It is difficult to be optimistic, although you still have the opportunity to correct” .
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
