Maintains that “high inflation did not turn into hyperinflation. Argentina’s foreign exchange reserves were not completely depleted. The political crisis did not escalate. The country did not breach the agreement with the IMF signed in March 2022. The central group of Kirchnerists did not abandon the government in rebellion. None of it was certain at the end of Julywhen Massa replaced Silvina Batakis”.
In addition, the publication considers that Massa “has given the ruling Frente de Todos coalition the push it needed to reach 2023 still on its feet. Not much and, nevertheless, a lot”. The note considers that Massa “He hasn’t used his power to make radical changes. did not choose a redistributive shockas some expected, nor for a fit shockas others feared”.
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Instead, it stresses that “has focused its message on the natural resources of Argentinapromoting its opportunity to become a source of energy, protein and minerals for the world”. “His attempt to project authority and decisiveness has been combined with an attempt to build an alliance with the industrial sector, with generous pro-industry regulations. In the process, has won admirers in the United States”says the post.
The magazine highlights that Massa “has no qualms about making the kind of economic intervention that Kirchnerism has long been known for, as a agreement with the private sector to freeze prices of more than 1,400 goods, mostly food and other basic products”. “Massa’s first months were spent making a balancing act between left and right, interventionism and laissez-faire”highlights the laudatory note.
Source: Ambito
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