The official explained that the fiscal path, the projections for several years of economic growth, collection and the exchange rate, among other variables, are currently being discussed. “Argentina has to defend Argentina and the future of the Argentines. The important thing is to have a program in which one is certain that it is not going to generate a new recession and it is not going to eliminate this growth. The important thing is to focus on which path is consistent, with a consistent recovery that allows us to grow out of this problem “Chodos pointed out.
In this framework, the Argentine negotiator remarked that “There is a dialogue that works and works and goes in the direction of what are the characteristics and where Argentina could come out” and added that “That is why the G20 meetings such as the one that the President has just come, the technical dialogues and the international dialogue are so important in order to generate a greater critical mass of understanding.”
Chodos denied that the possible agreement has an addressee beyond Argentina. “I don’t think you do this for the market; you do it to clear your financial horizons and keep growing “, he clarified.
UNSUSTAINABLE DEBT TOGETHER BECAUSE OF CHANGE
The lawyer, with a master’s degree from Columbia University as well as Martin Guzman, stressed that part of the negotiation is to cover the financial disaster left by the management of Mauricio Macri. “We had seen that there were two sources of purpose: one is to pay unsustainable debt and the other, formation of external assets. Half to pay unsustainable debt and half to finance external assets,” he said.
Macri himself admitted that he used the loan granted by the International Monetary Fund (IMF) for US $ 44,000 million to pay for private companies. “We used the money from the IMF to pay the commercial banks that wanted to leave because they feared that Kirchnerism would return”, he assured.
According to Chodos, during the government of Cambiemos “They defended certain policies that were at the root of unsustainability and what appeared as a real problem was the crisis of confidence when clearly the problem was going elsewhere.”
Along these lines, he stressed that the administration of Alberto Fernandez now dealing with solving legacy debt problems. “There is a deeper electoral mandate regarding this. At the heart of the 2019 mandate is to fix the debt problem that Macri left behind, it is what Peronism in general has to do ”, he asserted.
“Fixing in five minutes means signing a contract to adhere to what they give you. ‘Against the resources I sign what you say; I sign the number and you look at the letter, “and the letter does not heat you up because you are looking at the numbers,” he concluded.
Source From: Ambito
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