It is to continue devaluing, without devaluing

It is to continue devaluing, without devaluing

The Minister of Economy that the presidential candidate Patricia Bullrich chose if she were elected, Carlos Melconian, rated as irresponsible the decisions made by the head of the Treasury Palace, Sergio Massa, and assured that “The Vaca Muerta dollar is a way to continue devaluing, without devaluing.”

The measure referred to was recently announced by Massa during an event in Neuquen and aims to raise more than US$1.2 billion.

“It makes me sad because he is a candidate for president. If he doesn’t have to govern, he could be a person in a scenario to come,” he said. Melconian.

In dialogue with the program “El Expiridor”, hosted by Ari Paluch on Radio Rivadavia, the economist assured that “You have to learn to take care of the money that belongs to someone else”.

“There has to be a global program, that comes out of grandiose relationships. The most important thing is that we discover by working that there is a solution,” he concluded.

Likewise, he stressed that “it is very important transparency, the honesty and the decency of the interlocutors because you have to interact and negotiate.

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What is the Vaca Muerta dollar

The Minister of Economy, Sergio Massa, This Tuesday, it launched a differential dollar scheme for hydrocarbon exporters in the Vaca Muerta basin and will seek to promote the settlement of some US$1.2 billion.

With this strategy, it seeks to strengthen reserves and reduce the possibility of exchange tensions occurring before the general elections.

The “Vaca Muerta dollar” will imply an exchange scheme similar to the last soy dollar launched. That is, it is not a directly higher exchange rate, but rather it will allow 25% of exports to be entered at a cash price with settlement, while the remaining 75% will go to the Single Free Exchange Market ( MULC).

Massa held meetings with executives from oil companies that operate in the hydrocarbon basin, such as YPF, Tecpetrol, Pampa Energía, Pan American Energy, among others, and then made the announcement.

The Minister of Economy explained that the aim is to “reach the October elections with stability in financial dollars.”

Source: Ambito

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