While waiting for a renegotiation with the IMF, economists predict that the Government will continue to eliminate restrictions on the dollar but will not rush to get out of the stocks.
The economist Juan Carlos de Pablo analyzed the Government’s exchange rate policy after the decision to reduce the rate of devaluation of the dollar official. This strategy seeks to strengthen currency competition and pave the way towards an elimination gradual exchange rate.
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De Pablo highlighted that the Government will not rush to lift exchange restrictions, since he prioritizes economic policy, which in his words is summarized as “there is no more money than Federico Sturzenegger.”


Likewise, he pointed out that the plan Javier Milei will continue focused on maintaining fiscal balance and advancing the deregulations led by the former head of the Central Bank, with the aim of avoiding risks associated with an abrupt opening of the exchange market.
“Everything would explode”: De Pablo’s vision of an abrupt elimination of the stocks
Juan Carlos de Pabloone of the economists most consulted by the president, assured that it is not the right time to completely lift the exchange rate. According to his analysis, moving in that direction does not appear as an immediate priority for the Government.
“No one cares. I have a colleague who insists that ‘we have to get out of the trap now’. Well, if you go out now, everything explodes. Therefore, they are not going to do it at this time,” he stated in an interview with LN+.
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For the analyst, it is not the right time to lift the stocks despite the funds that the Government can access
When asked about the key measures that the Government should maintain in the coming months, Juan Carlos de Pablo was categorical.
“The priority is economic policy. What is not a priority simply does not exist. We have to ask ourselves: what urgency does the Government have to get out of the trap? Answer: none,” he stated emphatically.
When referring to a possible elimination of the stocks in 2025, the economist avoided giving a definitive answeralthough he did not rule out that possibility. “In a country like Argentina, one year is equivalent to five centuries in economic and experiential terms,” he reflected.
Source: Ambito