The governor of the province of Buenos Aires, Axel Kicillofhas launched a hard criticism against President Javier Milei for the exchange situation in Argentina. During a summer conference in Mar Chiquita, the governor accused the president of maintaining an artificial exchange rate that harms the national industry and workers.
“What maintains this rate of exchange is financial timba,” he said Axel Kicillofadding that “we must not be a true doctor in Economics or Doctor Trucho, as some, to understand that there is a very compromised exchange situation.”
Kicillof also criticized Luis Caputo, Minister of Economy, for his negotiations with the International Monetary Fund (IMF) and his attempt to obtain loans to sustain the economy.
“See the Minister of Economy begging that the IMF lends us the money to sustain the financial timba,” Kicillof said, remembering that Caputo had taken debt to the Mauricio Macri government and was dismissed for it.
In addition, Kicillof stressed the importance of the public university, Conicet and science and technology as pillars of sovereignty and the possibility of improving the lives of the inhabitants of the province.
“We defend the public university, Conicet, science, technology because that is sovereignty and it is the possibility that the kids of the province do better,” he said. As for the economic situation, Kicillof said that “nobody is going well with Milei’s economic policy.”
Opening policy
Industrialists see that with this artificial dollar they have an import opening policy that comes to replace their products not for a matter of competitiveness or effort, but for the lack of adequate policy.
Finally, Axel Kicillof He made a Chicana about the title of Doctor of Milei, saying that “there is no need to be a true doctor in Economics or Doctor Trucha, as some, to understand that there is a very compromised exchange situation.”
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