2023-12-11 23:21:00
After attending the inauguration ceremony of Javier MileyThe ex-president Mauricio Macri participated in an economic forum in São Paulo, where ruled out a possible dollarization of the Argentine economy and, instead, proposed the creation of a common currency with Brazil.
According to Brazilian media, Macri was part of a meeting organized by the XP stock agency and reinforced the idea of bilateralism with the neighboring country: “We have to advance monetary unification. The single currency would strengthen Argentina more initially, but both countries in the long term.”
Milei and Caputo polished details of the economic measures that they will present in the next few hours
Mauricio Macri ruled out possible dollarization
In this sense, the former head of state rejected the possibility of changing the monetary sign and gave the Ecuadorian model as an example. “I understand the symbolic advantages of dollarization, but Ecuador once once more had a fiscal deficit“he noted.
Regarding the application of an alternative economic policy that binds the economic destinies of the countries in the region, the founder of Pro insisted that “if Mercosur is serious, we need to have the same rules and the same currency, like the euro zone“.
“Having fiscal seriousness, there may come a time when what we talked regarding with (former Economy Minister Pablo) Guedes and (former President Jair) Bolsonaro makes a lot of sense,” he judged.
Mauricio Macri defended Milei’s adjustment plan
On the other hand, the portal Economic value collected the statements of Mauricio Macri regarding the deep fiscal adjustment that postulates Javier Miley. “We have an unprecedented opportunity in 100 years. If that man (Milei) imposes change, we will see something unprecedented. The show is regarding to start,” she enthused.
Regarding the libertarian’s plan to abruptly reduce the deficit of the national State, Macri stressed that the incoming government will have to apply a “freeze of all possible public expenses to generate balance.”
“Milei cannot spend more than he earns and that is what he is going to do in the next 90 days. AND has public acceptance for that. He said that yesterday and everyone present applauded. The common Argentine perceived that the story that the State solves everything is a lie,” he asserted.
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And he continued: “He won the elections saying he would make the adjustment, so he has the authority to make the necessary adjustments, something that was prohibited to do in Argentina. Today he himself said that the adjustment has a better image than him as president.”
Following this line of argument, the former president once once more praised the inaugural speech of the leader of La Libertad Avanza by stating that I wouldn’t change “not a single comma.” “It was perfect, especially from a liberal point of view. The ideas that he defends are those that I always defended”, he identified himself.
When asked regarding the harsh criticism that the new president launched once morest his Brazilian counterpart Luiz Inácio Lula da Silvawhom he had called “corrupt” and “communist”, the candidate for vice president of Boca Juniors sought to tone him down: “He is very pragmatic, learns quickly”.
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