Last Wednesday, the new Finance Minister Sergio Massa was sworn in. His first presentation was coherent, well organized and touched on the relevant issues on the economic agenda. Logically,...
Government coalition in turmoil
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Government coalition in turmoil
June 2022
The economic and political situation continued to deteriorate in recent weeks. Cristina Kirchner escalated the confrontation with Alberto Fernandez in two speeches in which she criticized once again the agreement with the IMF, and especially the effectiveness of the policies to preserve international reserves and to deal with inflation. Cristina believes in controls, and her main criticism was to the Central Bank and to the Trade Secretariat which, in her opinion, were not tough enough controlling imports and price increases.
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 Sin solución cambiaria. Por el momento no hay desdoblamiento y el nuevo ministro negó una devaluación, de manera que sigue el crawling peg. El adelantamiento de exportaciones por 5,000 millones de... |