The former Minister of Economy criticized the project presented by President Javier Milei on Sunday night in Congress. “It is not about improving the lives of people, but rather of creditors, of bondholders,” he said.
Former Minister of Economy, Martin Guzmanindicated this Monday that the 2025 Budget presented on Sunday night in the National Congress. “This is a roadmap to weaken Argentina even more,” He indicated on C5N
“It is clear that the numbers do not add up for many people and for a few they add up too well. The Budget is the most important law that a Government presents because it is where you decide how you are going to use the resources that society gives to the State. It is that roadmap that marks the direction you want to give to the country. What was seen yesterday is a roadmap that is only weakening Argentina more and more, causing regression,” he explained in conversation with Gato Sylvestre.
Guzmán highlighted the drop in indices that show that the “productive system is worsening.” “There is a worsening for many people. There is tremendous perversity like what happens with retirees,” he said and stressed that the Government “resorts to lies and gives false figures regarding pensions.”
He also considered that “the priority” of the Budget presented by the head of State “is not to improve the lives of the people, but to improve the lives of Argentina’s creditors, of the bondholders. The President says ‘we are going to make the adjustment’, if we do not have enough, what do we do? We adjust more spending. Where? We do not know. But what we are always going to prioritize, he says, is that the economy can generate the surpluses to meet the needs of others first and in the rest, the people, Argentina and the possibilities of progress are left behind.
The Government’s relationship with the IMF
Guzmán also indicated that Javier Milei’s government “already borrowed from the International Monetary Fund.” “Now, when a country borrows new debt from the IMF, what does that show? What it shows is that your program doesn’t work.
“There are debt maturities that the Government is having a hard time meeting because it does not have access to the debt market. That is the debt that the Juntos por el Cambio Government took on, with Caputo as Finance Minister, and it is the one that we restructured. If there was confidence, it would be refinanced now. That is a failure in the face of the market.”considered.
Source: Ambito
