2023-07-03 21:22:14
Sunday, July 2, marked one year since the resignation of Martin Guzman at the head of the Ministry of Economy. After a brief passage of Silvina Batakis, Sergio Massa He took over the leadership of the Treasury and, therefore, we compared both efforts.
In this context, we communicated with the economic analyst Damian Di Pacewho spoke regarding the current economic situation one year following the resignation of Martín Guzmán.
Guzmán management at the head of economy
“We are on the anniversary of the resignation of Martín Guzmán and you cannot analyze the current economic management without analyzing the previous one,” said Di Pace, who later completed: “In 2020, the debt restructuring was achieved with private savers and with the IMF”.
“At that time, it was proposed to reduce the fiscal deficit and accumulate reserves, the drought prevented this and the adjustment ended up being made by the private sector and not the public”, explained the interviewee. “One of the Government’s commitments was not to default”he added.
Guzmán vs Massa, the comparison of the two administrations
Later, Di Pace said that “there is a record inflation of around 120% with Sergio Massa”. “We have more fiscal and quasi-fiscal deficits compared to a year ago,” she explained.
“Something that Massa is complying with and Guzmán might not is the reduction of tariff subsidies”said the expert. “There will be a review of goals with the IMF so that the country does not enter into default,” he concluded regarding the current economic situation.
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