“It seems to me that the reaction of the markets is going to be reasonably positive as long as all the announced measures are understood, in particular the fiscal ones. It is feasible and viable in terms of political support. At the end of the day, this program is not different from the one outlined by Batakis and even something deeper than the one that Guzmán had been developing. I see a relatively positive situation and always looking at the progress of how to carry out these measures and how to implement them,” he said. Ricardo DelgadoDirector of Analytica in communication with Ambit. As for the dollar, he estimated that it should “stabilize” but nothing has been said.
“A point that I do not get to calibrate what is the expectation that was in the announcements. In any case, there are some interesting things regarding the primary deficit advancing in this idea of subsidizing reasonable consumption. Obviously this has to be seen how much of this has to be carried into practice because this fiscal adjustment would be more significant than Guzmán had promised,” said Lorenzo Sigaut Gravigna, Equilibra economist with this medium. The most outstanding for the economist has to do with the transitory advances and the measures of the external front.
“There was not so much detail, ci think today should be quiet“, he added. “The announcements are in the right direction but there is a lack of details that will become known as days go by and a key point is whether it will be able to effectively implement what has been announced. The reaction of the markets could be positive but I also estimate some caution first, waiting for more details / measures, “he concluded.
As for the dollar, he advanced: “The measures that tend to reinforce the reserves, it is sought that the official dollar be updated at the rate it came from. The key is the gap, it depends on how these measures are assimilated. In the short term there will be more stability in the dollar until things become clearer”.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
