The former Minister of the Economy, Hernan Lacunzahe questioned the national government for its decision to maintain the exchange rate. According to the head of the Department of Finance during the Government of the Mauricio Macri, the recovery of the economy is the result of leaving the stocks «enough» if so Government from Javier Miley He keeps delaying her.
After an interview with the British press Times of Finance where mercy and the Minister of the Economy, Luis Caputothey assured again that the stock would be held for the time being, delaying one of their main campaign promises; A former Macrista administration official believed that the way out of the impasse «“It’s very slow.” To explain, Lacunza made a strange analogy.
«It’s like a four-step chart.: the fiscal balance is the finance; The second one, and which comes hand in hand with the first one, is to stop broadcasting; The third step is to normalize the exchange market, to raise the stocks; Finally, the last step is the dessert: investment and growth, “explained Lacunza, but issued a warning:”If you take too long with the third course, the waiter with the dessert will move away.«:
Lacunza pointed out that if the same situation continues, the recovery of the economy, as well as the purchasing power of people, would not be able to match the period before “honesty» prices. Mauricio Macri’s former minister said the recovery would be “binding” and “sufficient.”
One of the points that the former official emphasized to explain this delay is the position of the Central Bank’s dollar reserves. «In my opinion, they are not building it because today the exchange rate is higher than demand. In addition, there are no dollars in the Central Bank to raise it,” Lacunza said and pointed out: “The reduction in country risk and the gap depended on reserves. Now, heThe only way to lower the price of the dollar is by increasing the supply, that’s why currency«.
“Maintaining stock is a daily decision. It is not free in terms of work, deposits, reactivation, accumulation of reserves. The longer it takes to make the curve, the sharper it will be.“said the economic consultant who is now private, who pointed out that there was a risk in leaving the stocks.
