In addition, the world Bank It will add US$900 million with specific plans such as training or the universal allowance per child. To this is added that thanks to the soybean dollar At $200, exports reached US$2 billion in one week and the goal for the month is to reach US$5 billion. This allowed the central bank accumulate reserves for US$866 million. Finally, there is the slowdown in the demand for energy imports due to the end of the winter season and higher temperatures.
“This is an economy that has its complications. We have a persistently high inflation rate, a very low growth rate when you look at a long period and, with that, difficulties in generating job opportunities and increased income. That said, I believe that these problems must be faced and seek to solve them,” Marx said this morning on Radio La Red.
“In that (the accumulation of reserves) there was an initial reinforcement that was the strategy that the economic team adopted now. We have to see to consolidate it and, with that, also stabilize the exchange rate and then seek to lower the rate of inflation“, he added.
On gradual unification of exchange rates he maintained: “It is a matter of putting together the sequence because it also has effects on the real economy.”
“The strategy is a bit reinforce the reserves and with that try to influence so that the MEP dollar come down by reducing some exchange rate pressures”.
In addition, he added that we must “accelerate the rate of devaluation of the official dollar to reduce the gap”, although he insisted that will not impact prices: “We had an inflation well above the devaluation for almost two years. It seems to me that the inflation was ahead, to put it in some way.”
Finally, he remarked: “The international situation It’s good but it’s getting worse for Argentina”.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
