He also argued that Argentina will maintain its level of growth traction by Vaca Muerta, the field and mining.
The Minister of Economy, Luis Caputo, said Wednesday that The government works in a series of reforms, including the tax, and after elections. He did it for a Seminar organized by JP Morganhours before his meeting in the United States with the head of the IMF, Kristalina Georgieva. He also assured that they will meet all the goals agreed with the International Credit Agency.
Accompanied by Santiago Bausili, president of the Central Bank (BCRA), and Finance Secretary Pablo Quirno, the minister spoke to an auditorium of around 200 investors and financial consultants of a hotel at the West End of New York. While the meeting was reserved, it transpired that he assured that the government is working in tax reform that will cover the withholdings to the field and the check tax, among other points.
“We have already prepared them, but we will probably do them after the elections,” said Caputo, Clarín published. They also plan to move forward in retirement and labor reforms.
The country’s financial situation also spoke and was confident that the dollar price bands system. “If nothing strange happens, the natural thing is to go to the band’s floor and thus the scheme is armed,” he said.
The BCRA recorded a gain of $ 19.4 billion in 2024 and the net worth shot 484%
He Central Bank of the Argentine Republic (BCRA) presented its financial statements corresponding to the 2024 exercise, and highlighted “significant advances in the sanitation of their balance sheet and strengthening of its net assets.”
As for the Reference exchange rate Communication to 3500 It amounted to $ 1,032.50 at the end of 2024, representing a variation of 27.7% compared to the closing of exercise 2023 ($ 808.48).
In turn, the result of exercise 2024 reflected A $ 19.4 gain And, they announced, which was reversed by reversing the loss of $ 9.4 bn recorded in the previous year. “This performance allowed net equity to reach $ 23.4 BN at the end of the year, which meant an increase of 484% compared to the previous year,” they said from the BCRA.
According to the entity, the improvement in the results corresponds to the fact that there are higher income from public titles due to the best market price of instruments in portfolio; and lower interest expenses for the cancellation of paid liabilities (Leliq).
Source: Ambito
