Luis Caputo anticipated that he will launch measures “to promote the use of dollars”

“It is no coincidence that when Argentina was most given in dollars it was At the end of the previous government And we inherit the worse economic situation in history. It is the countercara of that and we do not want that, “he said.

“We want a country where Salaries in dollars are reasonable And people do not be astonished because someone of middle class will spend the summer to Brazil. The damage is not only economic, It is also psychological“The minister said in his exhibition against entrepreneurs.

He also expanded: “We are going to a different scheme, where the important thing will be the efficiency and continue reducing the size of the state. That will make Let’s return more and more resources to private capital“

“In a scarce system of resources, it is clear that the private sector manages to better those resources than the public sector, which is mediocre, bureaucratic and corrupt. It is not a coincidence but causality that with everything we did the economy has grown, it is a consequence that We are returning resources to the private sector“He said.

Luis Caputo anticipated new monetary policies

Caputo also stressed that everything points towards a more daily use of the dollar as a currency in the country: “WE WANT TO SEE THAT THERE IS REONTIZATION IN DOLLARS And we will be announcing some measure that will surprise, which is going to Promote use a lot of dollars. They will circulate more dollars. “

“We are focused on consolidating this growth level. Even increase it. This economy is prepared to grow more than 6%which is what we grew up to today, “he said.

“We have the challenge of remumding the economy. The last measure they have heard is about the Utilities of the Central Bank becoming reservations in BCRA Treasury pesos. We are not going to use that money to finance expensesbut to have them as reservations to cancel debt in the event that banks do not refinancing debt in pesos because they are more inclined to provide them to the private, “he said.

Subsequently, he insisted with the currency circulation: “We are in coin competition. We want to see that there is remuneration. More dollars will circulate“

Orders to the private sector

“We will have a greater surplus that allows us Continue lowering taxes. Let’s Keep deregulating. Let’s go for Structural reforms: Fiscal, Labor and Pension Reform. They are necessary to continue down the Argentine cost and discourage informality, “he said.

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In parallel, He urged the private sector to invest again “. Then he insisted: “You have to concentrate on again being efficient. The returns cannot be those of last Argentina, because the level of risk is double. “

“Argentina is today example of what needs to be done. We have gone from being an example of what should not be done, to be an example of what needs to be done. He International Monetary Fund It will be helping countries that do things like Argentina. “

From Kirchnerism to Javier Milei’s model

For Caputo, the “adjustment” is not synonymous with cut, but of correction of the inherited model. “The adjustment was that of Kirchnerismwhich enlarged the State and squeezed the private sector. We did the opposite: we went down the expense, we ended with the monetary issuance and returned resources to the private sector, ”he argued.

Along these lines, the minister explained that the elimination of the fiscal and quasifiscal deficit allowed the balance of the Central Bank to clean up and stabilize expectations. “The economy grew 6% while the deficit was lowered in five points from GDP. Real wages rose almost 15% and took ten million people out of poverty,” he said, in an evaluation of his own management. The next step, according to Caputo, is to deepen the remumination of the economy, especially in dollars.

Caputo insisted that the country is going through a time change. “We are in another Argentina. The important thing now is that everyone understands that Argentina ended in dollars “he remarked.

He also reaffirmed that The surplus will be used to continue tax. Structural reforms in folder – fiscal, labor and pension – aim to reduce the Argentine cost.

“We are for witness the best 20 or 30 years of our history”, He concluded before the strong applause of entrepreneurs, economists and referents of the financial world.

The meeting between Mauricio Macri and Santiago Caputo

Former President Mauricio Macri and presidential advisor Santiago Caputo said present in the Libertad Foundation Supperheld last Monday in the city of Buenos Aires. Despite the recent tensions, both leaders surprised everyone by having A more than pleasant crossing in the midst of the electoral negotiations between both spaces.

Is that Macri pointed out, on different occasions, against the presidential advisor – belonging to “iron triangle“Together with the Secretary General of the Presidency, Karina Milei – And he accused him of being one of those responsible forL Pro and La Libertad progresses have not reached an electoral agreement in the city of Buenos Aires. The crossing occurs after, in recent days, the former president crossed Javier Milei for the “purchase” of yellow space leaders.

During Monday night, the Libertad Foundation carried out its already typical annual dinner. In this scenario – that in the previous one marked growing tensions between pro and lla – The encounter between Caputo and Macri He surprised his own and strangers for his cordiality and camaraderie.

After not agreeing a single electoral front in the City of Buenos Aires, where they will compete separately on May 18, both political spaces negotiate the possibility of going in a joint offer for elections in Buenos Aires territory. However, Negotiations for this goal were strongly tightened in recent days.