The legacy of 2021 and what comes for 2022

There were few achievements last year, but many of the problems that troubled the economy at the beginning of 2021 are still alive and kicking.  The exchange rate, and the risk of a steep devaluation, was one of the main concerns since the beginning and has remained a main issue throughout the year.  The government has been able to sidestep the problem thanks to a large increase in agricultural prices that generated a windfall of almost 16 billion dollars.  But the issue has not disappeared as the additional dollars have vanished and international reserves dropped to worrisome levels.