Por Miguel A. Kiguel
Todos sabemos cómo funciona el cepo, y hemos aprendido a vivir con tasas de interés reales negativas, a usar el dólar Contado con Liqui para eludir los controles...
Public Debt: Waiting for the government to put first gear
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Public Debt: Waiting for the government to put first gear
January 2020
The initial steps of the Fernandez administration have sent positive signals to the financial markets, as the increases in taxes and the expected reductions in social security expenditures show that the government has the willingness to pay, while the fact that the Treasury has continued to service the debt in spite of the relative low levels of international reserves indicates that it will try to avoid a default (at least on the foreign legislation debt) while it restructures the debt.
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