“In political economic system speeches, when dictators or presidents speak about bitter drugs, they’re referring to a set of financial measures referred to as shock remedy.” 2024-06-14 17:13:22

This Monday within the Encuentro interview with Julio Villagrán, the economist, Julia Evelyn Martinez and the political analyst, Marvin Aguilar, analyzed the inauguration of the brand new presidential time period of Nayib Bukele, the place they highlighted that the usage of the Nationwide Palace to This act was with an imperial goal, along with utilizing God in his speech in order that the attendees felt recognized and to whom he swore an oath.

“The oath that individuals took is known in anthropology because the sense of belonging, when he makes them swear he’s making them a part of all that paraphernalia and he has to defend it towards the enemies of the individuals” Aguilar highlighted.

Within the speech he gave final Saturday, Nayib Bukele talked about the problem of the economic system. For the economist, the “bitter drugs” that the president expressed at his presidential inauguration is a set of measures, together with rising taxes, particularly of VAT.

“In political economic system speeches, when dictators or presidents speak about bitter drugs, they’re referring to a set of financial measures which might be referred to as shock remedy… Financial shock remedy is essentially constituted by a set of measures headed by a enhance in oblique taxes, on this case VAT» the economist defined

Relating to the federal government debt, which it has acquired within the final 5 years, it will be obligatory to extend the VAT as much as 17% to have the ability to pay mentioned debt, however this may trigger a rise in excessive poverty in El Salvador, to not point out that the federal government may even privatize companies.

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“The president may enhance the VAT to 17%, which might elevate one billion {dollars} month-to-month, in 1 12 months he would finish the debt, however there have been 220,000 individuals who would fall into excessive poverty, I fear about these individuals if it involves take a measure like this… Within the authorities they’re enthusiastic about privatization” Martinez mentioned.

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