“March was the worst month of the year. Inflation in May has been decelerating with respect to April. There is still a long way to go, we are in the middle of May. Overcoming the inertia in the inflationary process is not going to be a simple task, it requires a set of consistent policies,” the minister warned.
Regarding the measures that the Government intends to take to face the crisis, the official anticipated that “the political decision was made that export duties are not going to be modified” and said that “we aim at a growth in the formalization of work ”
“We have to create more credibility on the economic program,” he added.
With regard to the hard internal of the Front of All and its confrontation with Kirchnerism, Guzmán stated that “in 2020 the proposals were not discussed in public as much as they are now, but there were debates in the Frente de Todos.” “The decisions of the President and his ministers are respected,” he fired.
On the other hand, the minister highlighted the need for “the Central Bank to accumulate reserves”, since it is “a fundamental objective of economic policy to calm expectations and build more and more credibility on the program we have outlined”.
At the close, the leader recognized that “inflation is always a problem and an evil for the functioning of the economic system”, while he valued the importance of “that wages beat inflation” through parity.
Source: Ambito

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