Along the same lines, he considered that “Argentina can make an important contribution given our comparative advantages in key sectors of the global economy.”
“One of those sectors is energy, where we have resources such as Dead cow, but also other very important basins to increase the global supply of energy. We are articulating rules of the game for it. Today we are experiencing very strong growth in energy production, which can contribute to global energy security,” he noted.
At the same time, he affirmed that the Government worked “in the field of access to foreign exchange to allow conditions that allow investment to scale.” “Today there is access to the foreign exchange market for the payment of debt services and distribution of dividends from large investments, which has a direct impact on the possibilities of mining investments. And progress will continue in that direction”held.
Martín Guzmán ruled out a default on the debt in pesos: “Our government would never do that”
Economy Minister Martín Guzmán denied the possibility of a default on the debt in pesos.
Coming out of an article in the newspaper Clarín, the head of the Palacio de Hacienda warned: “As for the barbarity of defaulting on debt in pesos: our government would never do that.”
https://twitter.com/Martin_M_Guzman/status/1536174821184360448
I did not cancel the trip. The company canceled the flight and did not arrive at the Mining Forum. I will attend virtually.
And as for the barbarity of defaulting debt in pesos: our government would never do that. Credit in one’s own currency is a pillar of the sovereign state. pic.twitter.com/jxOPsG86xP
– Martin Guzman (@Martin_M_Guzman) June 13, 2022
In this context, he added on Twitter that “credit in one’s own currency is a pillar of every sovereign state”.
In the same post, the Minister of Economy denied that he had suspended his presence at a mining forum in Canada, as published by Clarín in a note titled: “Financial tension: Guzmán suspended a trip to Canada and the Central Bank would raise rates” .
“I did not cancel the trip. The company canceled the flight and did not arrive at the Mining Forum. I will attend virtually”the official explained.
Source: Ambito

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