After the initial disbursement of the IMF and the announcement of the new exchange schemeJavier Milei’s government ordered the beginning of the Phase 3 of the economic program. In this scenario, the Minister of Economy, Luis Caputo, anticipated: “WE WANT TO SEE THAT THERE IS REONTIZATION IN DOLLARS And we will be announcing some measure that will surprise, which is going to Promote use a lot of dollars. They will circulate more dollars. “
Thus, the government works on various incentives to encourage the use of dollars after, days before, Kristalina Georgieva, head of the International Monetary Fund (IMF), will talk that Argentines have “More than US $ 200 billion under the mattress and God knows where. “
What incentives could the government implement
At the moment, it is unknown what will effectively be the measures that Caputo advanced. According to the minister, the objective of them will be that the economy “is monetic so that the level of growth is maintained or rises.” The official expectation is then set to generate greater use of the dollar in transactions.
It should be noted that the possibility that Payment market and other Fintech can count on accounts CVU In dollars it is already on the agenda of Central Bank although still without debate date.
“WE WANT TO SEE THAT THERE IS REONTIZATION IN DOLLARS And we will be announcing some measure that will surprise, which is going to Promote use a lot of dollars. They will circulate more dollars, “Caputo explained at Expo EFI 2025.
“We are in coin competition. We want to see that there is remuneration. More dollars will circulate“He also said.
Among other measures with which they are speculated – although without official confirmations – is that some change is generated in the way in which agro -exporters liquidate currencies. Instead having to go to the single change market, via Banco Central, the same is carried out directly between private.
IMF analysis
Within the framework of a parliamentary forum organized in Washington by the International Monetary Fund (IMF) and the World Bank, The director of the organism, Kristalina Georgieva, referred to the Argentine economic scene and stressed the importance of moving forward with structural changes.
“What will change the future of Argentina is to adhere to the reforms and create the confidence that this time is different,” said the official during her exhibition against a group of legislators. In that sense, he said that the country “has a good history”, within the framework of current negotiations with the government of Javier Milei, and He valued the “deficit to the surplus” step in fiscal accounts.
Georgieva also highlighted the effort involved in Macroeconomics stabilization After years of high inflation: “Many of you know how painful it is to go to that decline from very high inflation to a very low,” he said before the parliamentarians present.
One of the moments that caught the attention was when the director of the IMF alluded to the volume of Argentine savings outside the financial system. “They told me, I don’t know if it’s true, there are more than 200 billion dollars under the mattress and God knows where. If that money is reversed in Argentina, imagine what that country would be” “he said.
Therefore, he called on Congress to reinforce institutional credibility: he recommended that “the sense of trust that this time is different and maintain the course so that the country can legally be a prosperous place, where people can enjoy.”
Source: Ambito
