“Taxes are created throughout the world, others are modified, rates are raised,” the official told La 990 radio, while calling on critics of the government to “start discussing things seriously.”
The replacement of William Hang in the board of the monetary authority renewed his criticism of the participants in the meeting organized on June 7 by the Argentine Business Association (AEA), especially Braun, head of La Anónima, for having said that his reaction to the inflation was to “remark prices every day”.
In this regard, he condemned that “group of businessmen of that magnitude, responsible for price formation as they are” for “laughing like that, in the midst of a very delicate situation, with an economy with high levels of poverty.”
He also recalled that during the presidency of Mauricio Macri, the Secretary of Commerce was Miguel Braun, nephew of “that character”, and he wondered “what will he had to control” prices.
When asked about the scant effectiveness of the Care Prices programs in containing inflation, D’Attellis maintained that “there are instruments that the State can use” beyond those agreements, although he recommended not having “anxiety” for a abrupt drop in inflation since “the Ministry of Commerce (Interior) is just being rearmed”, after its transfer from the Ministry of Productive Development to the Ministry of Economy.
“Many tools that are there, in the box, will have to be used when necessary if these businessmen are willing to renege on the programs,” he said.
On the other hand, he stressed that “the intention is to continue lowering the monthly rate of inflation”, and recalled that the general rise in prices “shot up all over the world, it was a phenomenon that had disappeared and reappeared with force”.
“In a few days we will know the inflation of May and it will surely be lower than that of April, but clearly we come with high records,” he said.
In reference to the measures to be taken, he said that “work is being done not only with the price agreement programs, but also with a macroeconomic reorganization that helps to reduce inflation”, focusing on “the fiscal and monetary order and the of interest, which is going to lead to this deceleration”.
In this framework, he criticized “some sectors of the opposition that intentionally seek to install crazy ideas,” such as proposals for “dollarization, convertibility, shock, things that make no sense and would be impracticable in Argentina.”
“There is no possibility of carrying out this type of thing and if not, we already know how it ends, with a crisis like the one in 2001,” the official said.
Source: Ambito

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