2023-11-06 00:51:13
The Minister of Economy, Sergio Massa, reported this Sunday that the International Monetary Fund (IMF) will begin an investigation at the end of November to determine What was the destination of the 45 billion dollars that Mauricio Macri’s government received. This is a record loan granted by the credit agency.
The announcement was made during an interview given to Luis Majul on the LN+ news channel. The announcement occurred in parallel with the presentation by two deputies of the Federal bloc, Alejandro Rodríguez and Natalia De la Sota, of a legislative project in the same sense.
The presidential candidate also defended his management at the Treasury Palace and stressed that he had to face two problems: “The first fact is the drought, last year, at this point Argentina had exported 21 billion dollars more, and Despite that, we sustained employment growth in Argentina”.
“The second big fact is the criminal agreement with the IMFand I’m going to tell one international premiereAt the end of the month the IMF begins the investigation into the capital flight from the 2018 standby loan and will send a commission that is going to do a review on 66% which, according to the AGN, was not used to finance hospitals or schools, or to resolve economic stability, but was used to finance the payment to investment funds”, he anticipated.
In this sense, Massa highlighted that “throughout the campaign” he raised “on several occasions” his “I apologize for my own and others’ mistakes.“, but considered that “ignoring the impact of reserves on financing, with the worsening of debt maturities and the drought, is, at the very least, underestimating an enormous problem that Argentina had.”
“At the end of the month the IMF begins the investigation into capital flight”
Sergio Massa anticipated that the organization will send a commission to the country to review whether 66% of the loan to the Macri Government in 2018 was used to pay foreign investment funds, as indicated by the AGN. pic.twitter.com/EgWqdndQja
— Corta ???? (@somoscorta) November 6, 2023
“The drought represented in terms of size 50% of Argentine agricultural exports and the Argentine agroindustrial complex is the strongest engine of the country’s economy, in the middle, we also have an program with the IMF and this year there were 12,360 million dollars of debt maturing that Macri took”he added.
On the other hand, the leader of the ruling party highlighted the construction of the President Néstor Kirchner Gas Pipeline (GPNK) and recalled that the project “was stopped for 4 years in the previous government, 3 years in this one, and was finished in 10 months” during his administration.
“In 2018 or 2019, when Macri closes the agreement with the Fund, public investment drops from 1.6 to 0.4 of GDP, basically at the request of the IMF. In the 2022 document, they proposed that we lower the same amount, we rejected it because the gas pipeline was within that 1.6,” he said.
Massa rejected the existence of a “fear campaign”
Likewise, he also denied carrying out “a campaign of fear” and answered the journalist regarding the value of the price of public transportation: “It does seem important to me, in any case, that the campaign be enlightening. I heard in the interview that so… the interview you did with Javier Milei last week, that I was going to rate it, but I’m not going to do so, and in it Milei said that the train ticket without subsidy will cost 1,100, that is a fact of reality”.
“It seems to me that telling people that instead of paying 65 pesos for the bus ticket, they are going to pay 700; Instead of paying 600 pesos for the train ticket, you are going to pay 60 pesos, you are going to pay 1100; that instead of paying 350 pesos for a liter of gasoline, he is going to pay 800, that is telling the truth, no more and no less than that,” he added.
With information from Infobae
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