The minister and presidential candidate anticipated that there will be more than 50 raids and arrests to combat “attempts to speculate” with people’s savings.
“Probably, today, More than 50 raids and arrests occurred in the framework of the investigation regarding what have been the attempts to speculate“, reported the Minister of Economy and candidate for president, Sergio Massa. Thus he anticipated that he will continue taking actions against “criminals who, in the situation of uncertainty, generate profits against the savings of Argentines.”
In this way, he reported that “there are already six detainees” and announced that the raids that the judge is promoting in some arrests will be expanded. “I try to be respectful of the work of justice. But this shows action,” he said.
Massa thus referred to the work carried out by members of the Anti-Fraud Division of the Department of Economic Crimes of the Federal Police (PFA) and inspectors of the Federal Public Revenue Administration (AFIP) and the General Directorate of Customs in two inspection operations in “caves” and “little trees” in different parts of the city of Buenos Aires in which They seized US$800,000 in cash. And he anticipated that he will continue that line of action.
To a large extent, the raids aim to control the rise of parallel dollars, which skyrocketed a few days ago in the context of electoral uncertainty and reached over US$1,000, in the case of the blue dollar, although it later fell back. and was around $980.
The swap, a tool that expands the firepower of the BCRA
The official spoke within the framework of the announcement of the expansion of the swap with China for US$6.5 billion that the Government made as a result of the tour carried out by a presidential delegation led by Alberto Fernández in that country and highlighted that this is a step key for the reserves of the Central Bank (BCRA) and explained that, “in some way, it works as a guarantee regarding people’s savings.”
Thus, he highlighted that, “this news, in addition to strengthening the intervention capacity of the Central Bank, strengthening the Argentine position in terms of availability of reserves, also gives us the possibility of giving peace of mind” to all Argentines.
Massa reported that The US$5,000 million that were the first tranche, “allowed us to work on import administration for eight months.” And now $6.5 billion more are added to work in the last 60 days of the year.
Source: Ambito
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