The person in charge of applying the adjustment measures promoted by the libertarian government spoke this Wednesday through his “X” account where He thanked “the people for supporting.”
“Despite how difficult it is to make ends meet, They know that we are on the right path and that we are going to get ahead“added the former Secretary of Finance of the government of Mauricio Macri.
In addition, he sent a message to the opposition, which until now reacted to the government’s proposals by rejecting the omnibus law in Deputies and of DNU in the Senate. “Hopefully the leadership will also support so that the recovery comes as soon as possible”requested in view of the treatment of new measures.
Luis Caputo’s tools to lower inflation
Barely 100 days after assuming management in Economy, the inflation rose more than 70% and the adjustment to the economy implied harsh cuts in pensions, transfers to provinces, public employment and public works, which deepened the recession that has dragged the country down since last year.
In recent days, the minister has faced the difficult task of sustaining the fall in inflation, after increases were recorded in the first weeks of March that pushed him to urgently summon supermarket representatives.
February inflation was 13%, marking a new decrease compared to January, but the Government warns of signs that the process may hit a snag and is studying measures to encourage it. Food prices in the basic basket rose 6.9% in the first half of March.
In fact, he decided postpone increases in transportation and energy rates that were going to have a strong impact this month.
Given this situation, the minister asked supermarkets to change the 2×1 policies for price reductions so that the fall is reflected in the INDEC indicators. Furthermore, they announced the import opening of some foods and products from the basic basket to push local businessmen to reduce prices.
Along these lines, Caputo took advantage of a consumer’s complaint on social network coffee capsules to warn that with the entry of imported products there will be a greater supply and values must decrease.
“In a month it will be competing with imported ones, so I don’t think it will sell much more coffee at those prices…”, he answered. the minister to that post.
Source: Ambito
