Patricia Bullrich, the presidential candidate for Juntos por el Cambio, made a bold promise during a television interview on Monday night. She pledged to eliminate currency controls and unify the exchange rate through a “shielding” of dollars and taking on more debt with the International Monetary Fund (IMF) if she wins the general elections.
“Good memory because they did that. They had a shielding in 2001,” sarcastically remarked José Ignacio de Mendiguren, the Secretary of Industry and Productive Development of the Nation, referring to Bullrich’s campaign promise, on AM750.
He continued, “They ate up 40 billion dollars – I don’t know if they all arrived or not – and despite that, three months later they had to go to zero deficit by taking away the retirees’ salaries. They broke Argentina’s social contract, something immoral.”
In this context, the former president of the Argentine Industrial Union (UIA) stated that some candidates “speak lightly” and that some campaign proposals are “reckless.”
“They talk about management and started by lifting currency controls and ended up imposing them, they started by eliminating export taxes and ended up imposing them, and they started by freeing tariffs and ended up freezing them,” he pointed out on Aquí, Allá y en Todas Partes.
Finally, Mendiguren spoke about the measures announced by Sergio Massa on Sunday, the pre-agreement with the IMF, and the market’s reaction on Monday.
“There are many people who bet on the crisis, we have been hearing it for a long time, it is a wishful thinking. The economic team continues to work and continues to try to negotiate with the IMF, but not at the expense of sacrificing growth or job creation,” he concluded.
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How can the equation 3x + 2 = 4(x – 1) be simplified and solved
3x + 2 = 4(x - 1)
3x + 2 = 4x – 4
3x – 4x = -4 – 2
-x = -6
x = 6
