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As we have a fiscal surplus, we will continue lowering taxes

As we have a fiscal surplus, we will continue lowering taxes
As we have a fiscal surplus, we will continue lowering taxes

The Minister of Economy spoke within the framework of the Argentine Exhibition of Economy, Finance and Investment (EFI Expo) held at the La Rural property.

Report by Nazarena Lomagno.- The Minister of Economy, Luis Caputosaid this Wednesday that while consolidates the fiscal surplus in public accounts, the Government will promote a reduction in taxes.

“As we have a fiscal surplus, we are going to continue lowering taxes,” Caputo said within the framework of the Argentine Economy, Finance and Investment Exhibition (EFI Expo) held at the La Rural property.

The head of the Treasury Palace recalled that when the government of President Javier Milei took office “It’s not that there were no reserves, the people’s dollars were not there.” Besides, “When we arrived, inflation was running at 1% daily, we ended up with wholesale inflation of 54%, which annualized is 17,000%,” he emphasized.

“Being where we are six months later is not a miracle, it is the consequence of having done (managed) the way that Argentina ultimately never did,” Caputo remarked.

In that sense, he added that “homework was done that has never been done.” Likewise, he revealed that he listened to “an economist with whom I cannot agree less, said that we needed a clinician. Only a salami could not know what the diagnosis was at that moment. A cancer patient with financial, monetary and institutional metastasis. He needed a group of high-quality surgical specialists complexity, because every wire you touched could cause the patient to leave.”

Source: Ambito

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