President Javier Milei had assured that on January 1, 2026 it would no longer exist, but that it could be advanced if there was an agreement with the International Credit Agency.
The Minister of Economy, Luis Caputo, He warned This Wednesday that An agreement with the International Monetary Fund (IMF) does not mean that the next day there is a lifting of the exchange rate or devaluation. President Javier Milei had assured that on January 1, 2026 it would no longer exist, but that it could be advanced if there was an agreement with the International Credit Agency.
“The agreement with the Fund does not imply that it leaves the exchange restrictions the next day,” he warned Caputobut stressed that it will accelerate the recapitalization process of the Central Bank that is carrying out its management.
This recapitalization is one of the three conditions established by the Government to achieve the removal of the exchange rate. The other two are that inflation converges with the “crawling peg” of the official exchange rate and that the demand for money ends up absorbing the monetary excess that, they say, inherited from the previous government.
In addition, el Minister Caputo prognosis that the economy will grow at least 5% in 2025. As he said, there is a strong growth of credit and the interest of investing in the real economy. “I think we can grow even above 5%,” he said, optimistic, in an interview for LN+.
Javier Milei said that the length of the stock will be on January 1, 2026: “If there is a disbursement of the IMF, we can do it faster”
The president of the nation, Javier Milei, said on February 3 that the departure of the stocks It will be on January 1, 2026, unless it can be advanced by a International Monetary Fund Disbursement (IMF).“The stocks will cease to exist. Now, if there is outlay of the background, we can do it faster. We must see how the program is structured,” he said.
Regarding negotiations with the organism, the President He said they are working to advance the agreement but stressed that he has the “conviction that, So that Argentina does well, it depends only on Argentina“In that sense, he remarked:” Our policy is fiscal hardness, not negotiate the zero deficit and maintain a hard monetary policy. If we later have financial bridges to accelerate, welcome. “
Source: Ambito
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