After being consulted about the possible case of Congress rejecting Milei’s veto, Caputo responded: “I have to do what the law says but it would be good for the deputies and senators to do it too. The financial administration law says that “Congress cannot present an expense without a financing counterpart that justifies it.” In that sense, he advanced: “We are obviously going to appeal to that, probably through Justice, always within the framework of the law,” he said in dialogue with LN+.
The President’s veto will be discussed on Wednesday, October 9 in the Chamber of Deputies.
Caputo assured: “We have given everything to the universities. Politics is mixed here. The only thing we say is: if you want to discuss whether teachers should earn more than the rest of the public employees, fine. Let’s debate it in Congress and define how that is financed, no problem. There is a clear fight between the old politics and the new. We seek transparency and the old politics is the owner of ostracism“.
In turn, he urged the institutions to be audited and pointed out the case of the Universidad de Madres de Plaza de Mayo. According to the Minister, “0.62% of the students received it, 16. 100 million were spent per graduate. It was almost cheaper to send them to Harvard“, considered.
Luis Caputo assured that the investments are already arriving and that “the worst is over”
On the other hand, the head of the Treasury assured that the economic situation is beginning to reverse and stated: “To the extent that there is less inflation, there is more stability. That generates better economic expectations. With a stable macroeconomic framework, The investments are starting to come. In fact, we are already seeing it.”
In any case, he clarified: “The economy has been growing at a good pace. We call growth something that is already consolidated. That is what is missing.”
With his eyes set on the future, the official considered that “the worst is over and today we can start showing results“. In that sense, he highlighted: “Inflation has already gone down, the economy has begun to recover, the dollar is stable, we are removing regulations, We are lowering taxes and we are lowering tariffs. Today the fruits are beginning to be seen. We are going to convince everyone, even the most skeptical. Reality is going to lead to skepticism”.
The official highlighted the Government’s policies on economic matters and reiterated that salaries and pensions beat inflation. “Since we took office, accumulated inflation was 144%; and retirements, without bonus, they rose 158%. This is what the official indices say. The same people who last year, in the midst of the ‘Platita Plan’, in the midst of waste, took 30% from retirees“Now they demand that you give them more, when in full adjustment we have made it possible for them to beat inflation.”
“Inflation reached single digits in April; In August wholesale inflation was 2.1%; and the dollar is lower than when we arrived. The important thing is that clearly the inflationary trend is downward, and it is natural that it should be so.”
In line with the President, Caputo warned that when they arrived at the Casa Rosada, the country was “doomed to hyperinflation and a poverty level of 90%.”
Poverty: Caputo assured that this Government “accounts for 0%” of the increase
Regarding the alarming 52.9% poverty rate that the INDEC revealed in the first semester of the year – 12.8% above the previous semester -, the Minister considered that the responsibility for that figure, “0% corresponds” to the current administration.
He even assured: “We saved poverty from being much higher. The reality indicated that we were going to a crisis. “When the President says that we could have gone from 45 to 90% poverty, he is not exaggerating.”
Source: Ambito
