An operator commented to Ámbito that “Massa has to offer the role of channel through which the government coalition can be more executive, trying to generate expectations that through him, because he has specific political weight, he will be able to execute a program”. Among businessmen, the mere fact that it has emerged that the new superminister has a team of economists who were working on a plan raises reassuring expectations. They see that he has ideas and that he will be able to put them into practice, unlike Martín Guzmán or Silvina Batakis, who lacked their own political volume.
But beyond supposing that the new member of the Cabinet can have a better relationship with the economic environment in general, with a less confrontational look, this neither does it ensure by itself that you have all the trust bought. His presence alone is not enough, they maintain.
Sergio Choza, an economist linked to the ruling party, argues that Massa “can help order” the decision-making scheme of the Government. For Chouza, director of the Sarandí Consulting, the mechanism that the government had up to now to define courses of action “was very slow”. He also considers that the new minister has a team of economists “that cannot be called interventionists” although he warns that “Inflation is going to have to be lowered, because otherwise the political weight alone will not be enough. if you have aspirations for the future.”
Fernando Marull, economic consultant and financial, noted that the government began this week to give “order signals” andOn the economic front, after the now former Minister of Economy raised the interest rate on the Treasury Bills to levels of 90%, above the annual inflation rate, and achieved net financing of over $320,000 million. Marull suggests that the appointed Minister of the Economy, who will be in charge of the comprehensive management of the area, “is going to launch a kind of plan ‘getting there’ by 2023.”
Some also mention a so-called “mass effect” in the markets, which during the day lowered the pressure on the different exchange rates, although part of it was also due to the now appointed president of Banco Nación, Silvina Batakis. The former minister took a “turn towards orthodoxy,” Marull said. The consultant considered that the government “took note that it had to do something.”
Andrés Borenstein, economist at the consulting firm Econviews, had more reservations when defining the changes. He considered that the new minister “has it very difficult” because until now the government has delayed making decisions for a long time. “They are going to have to make a fiscal adjustment and I don’t see that there is will for that. I’m skeptical.” indicated the analyst of the consultancy led by Miguel Kiguel.
Source: Ambito
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