The two-time former president of the Republic, Julio María Sanguinettiadmitted that the government prioritized fighting inflation this year over correcting the exchange delay.
Within the framework of the closure of the Expo Prado 2023the former president assured this Sunday at a press conference that the current administration is aware of the consequences of having a “cheap” dollar.
“We are all aware that the exchange rate issue has an impact, the government says so and recognizes it,” stated the Secretary General of the Colorado Party (PC).
“The issue is that in the economy you have to look for variables and coordinate, the economy is one, and this year the big bet has been inflation“remarked the historic Colorado leader.
In another order, Sanguinetti He maintained that so far there is “a contrast between a spectacular last year, and a very difficult year (2023),” in reference to the current agricultural emergency and the collapse of exports as a result of the drought.
At the same time, he explained that the government is also concerned about refrigerated purchases (agreement Marfrig-Minerva). “There we are in a dilemma, between investments that we have guaranteed and a risk of a very dominant market,” said the Colorado, adding that “we will have to find a balance solution, monitor that a lot.”
Senator Jorge Gandini acknowledged that there are complaints from the field
The senator of National Party (P.N.), Jorge Gandinirecognized that the Rural Association of Uruguay (ARU) and the countryside have several claims to the government.
“Obviously (rural producers) have their complaints, perhaps the exchange delay is the main one of them,” the nationalist legislator slipped.
“Let’s see if the measures of the central bank (BCU) and of Ministry of Economy (MEF) in these months and before the end of the year they generate signals in the opposite direction, in order to balance the price a little and improve competitiveness a little from that side,” concluded the senator.
Source: Ambito
