Presidential spokesman Manuel Adorni said on Monday that “we are beginning to monitor the cepo,” In the midst of the discussion between those who demand that restrictions on the purchase of dollar and the national government, which claims that conditions are not yet adequate.
“We have explained on more than one occasion why the restrictions continue, although we are beginning to monitor them,” the spokesman said at his usual daily press conference in response to a question from Ambit.
The official also referred to the criticisms expressed in recent hours by the former Minister of Economy, Alfonso Prat Gay.
“They create a deregulation ministry while clinging to the cepo, the retentions and the PAIS tax,” posted the former official of Mauricio Macri.
Regarding this statement, Adorni said: “Maybe it is not fully understanding what we are doing in Argentina.”
“We have explained on more than one occasion whether the restrictions are still in place, and whether we are just beginning to see them. We have explained the steps and why they are not incompatible,” the spokesman insisted.
Adorni said that “the idea that the restrictions would be lifted on December 11 and the entire economy deregulated is what those who wanted to see us fail a few days after taking office thought.”
Cepo: the BCRA changed the regulation and facilitates access to the dollar for payments abroad
Through Communication A 8059/2024 of the Central Bank (BCRA) published this Monday in the Official Gazette, the agency modified the prior compliance requirements for access to the exchange market for the payment of interest on commercial and financial debts.
According to the regulations, the BCRA has eliminated prior approval for certain interest payments. For example, from now on, “prior approval from the BCRA will not be required for the payment of interest on commercial debts for the import of goods and services with related counterparties abroad, provided that the interest becomes due on or after July 5, 2024.”
This means a significant simplification of the process, which will allow companies to make their payments more quickly and efficiently. The text also announced that the BCRA will soon send financial institutions updated sheets of the rules for “Exterior and changes” that incorporate these new modifications.
For Carlos Melconian, the restriction is “unliftable” and he said that phase two of Javier Milei’s government “does not exist”
The Economist Carlos Melconian, very critical of the current management, returned to carry out a thorough analysis of the economic situation facing the President’s government Javier Milei. The former candidate for Minister of Economy with the formula of Patricia Bullrich He recommended that the president wipe the slate clean on some issues, stating: “In some things you have to start from scratch. You have to put together an exchange scheme, an adult agenda and Stop bothering the minister (Luis Caputo) with the cepo, which is unremovable ”.
Melconian He also criticized some “exaggerations” economic measures promoted by the president, and explained why he is not worried about the rise of the parallel dollar, assuring that the “stage two” of the Milei administration “does not exist.” Regarding a possible “stage three,” he stated that “they have not even thought about it yet,” he assured during his speech in the Business Community (LN+).
Source: Ambito
