The Minister of Economy, Luis Caputo, He said that the loan of the International Monetary Fund “goes to be for the first four -month period ” And he said he will not represent a new debt. He also said that The next inflation number “will be the lowest” of the current management and denied that the dollar “is late.”
“The agreement implies new silver and not new debt”said the head of the Palace of Finance on Tuesday, in statements to the press, in which it provided new details about the disbursement that the international credit agency will send to Argentina. “With that, the treasure will repurchase debt to the Central Bank, the public sector is replaced as a creditor,” he said.
The minister also referred to the reaction of the markets in recent days, where actions and bonds were reflected, in addition to an increase in country risk above 700 points. “It seems to me that what happened a little in the market is somewhat more punctual in the market, what happened was that the market anticipated the payment of the January coupons”he explained in statements to Radio Rivadavia.
According to Caputo, like him disbursement From January “it was a lot of money, so many imagined that once that silver entered it was going to have to reinvest and that was going to generate a greater rise, and the market usually anticipates those things.”
Luis Caputo spoke of local criticism and advanced the next number of inflation
On the other hand, he also linked it with possible internal market corrections and profit taking by investors. “It gives me the feeling that there was a rise in bimester in the last bimester, and Now there is a little gain taking, it is very understandable“, said.
Then, the minister referred to the vision that the world has on the economic measures carried out by the Milei government. “In the world there is nothing more than recognition, compliments, Nobel prizes come to Argentina to see the president, to get together with us. All comments are of praise. When you go to the local level, many economists, most of which I respect, they think the same (…), “he said.
Regarding local criticism, Caputo He pointed against journalism. “In part it is understandable, journalism has to generate the issue and others are mostly the opposition. But not yet being the opposition, a fact that does not have to go unnoticed by people is that they are the same economists as For a year they have not hit one.
In that line, the head of Economics denied a exchange backwardness. “For us the dollar is not late,” he said and said that it is an analysis shared by various colleagues by profession: “At the local level many economists also believe that the dollar is not late.”
In the latter, he referred to the number of inflation that will come from the hand of the next survey. In that sense, he anticipated that it will be the “Number more under our.”
Source: Ambito
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