Javier Mire says the government has “already defined” how to escape the dollar trap: “It will be history”

2024-08-25 01:28:47

Exchange rate finally exits President Javier Milley postpones again this Saturdayin any case, this ensures that the government It has “defined how to escape” the constraints that currently govern the dollar.

The president detailed his plans regarding exchange matters, specifically stocks, whose elimination he listed as One of the main goals of his government. It was one of his key campaign promises as a candidate last year.

The leader of La Libertad Avanza was asked in an interview with Radio mitre Rules out the existence of an urgent need for dollars Fulfill fiscal commitments and, on this basis, emphasize that the economy has a fiscal surplus. “We don’t have a problem,” he insisted.

Regarding stocks, his elimination was affected by The situation with central banks and the monetary base.

“The day we end the BCRA equity issues, the day the broad monetary base becomes consistent with the traditional monetary base and inflation approaches zero, This trap will be history because we will disarm it“The President explained.

News from Argentina News Network

Retirement mobility: Javier Milei defends veto as ‘fiscally degenerate nonsense’

Yesterday, President Javier Milei gave a speech at the Rosario Stock Exchange commemorating the 140th anniversary of the institution and mentioned the retirement reforms approved by the Senate, as he had already said like that, Will be rejected due to its impact on the fiscal balance objective.

“I said two months ago If the depraved prosecutors in Congress try to pass a program to break my budget deficit, I will veto it. Yesterday (Thursday), depraved fiscal policy was overwhelmingly voted in favor of nonsense that means 62% of GDP is in debt.«, he assured in the presence of businessmen and accompanied by Santa Fe Governor Maximiliano Praro.

In that line he states that in «Shameful Kirchner government»The number of retirees «fell by 40%», while«Pensions have increased by 5% since we were in government” he said.

The President said: ““Just like yesterday’s measures to wipe out young people.” and associates them with “defenders of goodness” who “love the poor so much that all they do is multiply you”.

Image from Now Javier Milei wants to achieve


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