Here there is financing for which a use must be defined. The money is there. What if this time they use it to finance public education? proposed the former Minister of Economy of Alberto Fernández.
The International Monetary Fund (IMF) announced this Friday a partial and limited cut in the surcharges charged to countries with high levels of debt to the organization, such as Argentina. The former Minister of Economy, Martín Guzmán, one of the main promoters of the measure, celebrated the news in “X” and asked the Government to allocate the funds that the country will save to finance public education.
“The IMF reduced the interest rate it charges on its loans. It implies a relief for Argentina of almost USD 450 million per year. IT IS MORE THAN HALF OF WHAT THE UNIVERSITY FINANCING LAW THAT THE MILEI GOVERNMENT VETOED COSTS. Here is a financing for which a use must be defined. THE SILVER IS THERE. WHAT IF THIS TIME THEY USE IT TO FINANCE PUBLIC EDUCATION?”, proposed the former official, who during his administration in the Government of Alberto Fernández and later as a former official worked alongside him. to other economists and the Nobel Prize winner Joseph Stiglitz to get the multilateral credit organization to review the high rates it charges countries with debts.
“It was a 4-year global crusade. Since our initial proposal at the G-20 in Saudi Arabia in 2020, support was built from the G-20, legislators from the United States Congress, the United Nations, the Vatican, many academic institutions and of civil society. They worked without pause politically and technically to reform an absurd and especially harmful policy for Argentina due to the enormous amount of debt with the IMF taken on in 2018-2019,” Guzmán recalled in his post.
“THANK YOU to all the world figures and our country who worked for some relief to countries in crisis. We know which side we are on: on the side of the Nation and of justice in our society. We must continue working to resolve this debt with the IMF”, he closed.
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