The Government had the decision to release a little bit of reserves

The Government had the decision to release a little bit of reserves

Likewise, he announced that for next year the commissioning of the first part of the work will represent savings of at least US$1.3 billion.

“Today we are signing the contract for the first section, we hope that in no more than 30 days we will be tendering the engineering for the second,” he said.

ALBERTO FERNANDEZ SERGIO MASSA AND AXEL KICILLOF.jpeg

Sergio Massa shared an act with Alberto Fernández in Salliqueló.

Presidency of the Nation

The head of the Palacio de Hacienda emphasized that we Argentines “have to transform our resources into wealth and development”, in addition to remarking that “energy is one of the four great players in the world economy with agribusiness, knowledge and minerals.” .

“Our day to day prevents us from seeing what is happening in the world,” he warned when speaking in the Buenos Aires town of Salliqueló, at the signing ceremony of the contract for the construction of the gas pipeline, referring to cuts in gas supply and electricity in several European countries, in “a scenario that has prices for the countries”.

In this regard, he stated that “the war is costing all the countries of the world in economic terms and in terms of energy”, and in this sense he wondered “how it would have gone for us if this gas pipeline had already been built, if those 11 million meters cubic meters per day of minimum would have been at the service of the Argentines today”.

“In these hours when the situation of the Central Bank’s reserves is being discussed, I want to tell you what the impact of energy imports has been on those reserves”he continued, to go on to refer to the priorities set by President Alberto Fernández.

Massa indicated that “Between letting out a little more reserves or cutting off gas and electricity,” the government had “the decision to release a little bit of reserves, but guarantee Argentines that they could have heating, the computer or the machines of the companies working “.

“It was important that the growth of the economy and the generation of employment did not stop,” he explained.

In another order, the minister recalled that the construction of the gas pipeline “if financed in part with the Extraordinary Solidarity Contribution of 2020”, and that the State “guarantees the funds to sustain the work”.

Source: Ambito

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