The Secretary of Finance said that during the management of President Javier Milei “we put the house in order in monetary terms.” And said they will respect debt obligations.
During your participation in a panel of the G-24, Within the framework of Spring sessions of the International Monetary Fund (IMF) and the World Bank, The Secretary of Finance, Pablo Quirno, He highlighted the work done by the Government for the fiscal consolidation and recovery of credibility.
Referring to the situation of Argentina, Quirno He said: “What we are trying to do in Argentina, in the last 15 months, is to recover our credibility. We chose to follow a pretty conservative path. We made a tremendous fiscal consolidation and put the house in order in monetary terms And that will allow us to enter the path to again access the markets. “
“I say that we are very conservative at this time, I am not assuming that Argentina can have access to the markets At a specific moment, but we are certain that we are on the road. We have respected our commitments And we have an agreement with the IMF that is starting to operate well, “he added.
Pablo Quirno on debt: “We are going to respect our obligations”
Regarding access to international markets, he said: “We are not going to speculate on when Argentina can recover access to international markets. Meanwhile we continue working on it, and we will respect and pay our obligations as we have done in the last 15 months. “
On the social situation of the country, Quirno said: “He was facing a very serious situation, with a level of 55% before this administration entered the government. The levels of poverty In our country they were and are unacceptable. We work very strongly to reduce it. “
“When doing the fiscal consolidation, One of the myths was that by making such an adjustment we were going to enter a deep recession. We did it because we knew we had no alternative.
The country recovered from a recession two and a half years, since then the real wages They have increased for ten months, poverty fell from 54% to 38%, and economic activity increased 6% between December 2024 and December 2023, “he added.
Finally, he stressed: “The message is that this can be done. There is always a concern about an adjustment as great as we did, but it worked. We had a political will to do so, to attack the problem, and we have a very strong leadership in the president Javier Milei. When we made the adjustment, he said we had to take care of the most vulnerable. We were able to double the assistance given to the most vulnerable in real terms. “
Source: Ambito
