At the closing of the Forum of the Argentine Business Association (AEA) that takes place this Tuesday at the Sheraton Hotel in the City of Buenos Aires, Martin Guzman once again rejected dollarization.
The Minister of Economy was in charge of concluding the event, so during his speech Martin Guzman He pointed out that “abandoning the currency is recognizing a defeat as a State.”
Under this same line, Martin Guzman plot: “Argentina cannot abandon the path of building a respectable, stronger currency”so the idea of dollarizing the local currency “doesn’t make sense”.
The minister also inferred that this proposal to counteract the escalation of prices would go against State policies, since it would “damage” the “construction of the republic.”
It should be remembered that this idea has been raised by the liberal deputy, Javier Milei, and the head of the PRO, Patricia Bullrich, which has generated a strong political debate from different parties.
During the event, the economist also referred to the recent Unexpected Income project, which seeks to tax companies with extraordinary profits as a result of the war, which has been rejected by businessmen.
About, the politician stressed that it is a “key for progress” initiative in the countrysince it will not be a tax, but an aliquot that will be paid during this year, as has been implemented in other countries.
Martín Guzmán assured that the Government aims to reduce inflation
During the meeting with businessmen, where one of the central issues was inflation, the minister He pointed out that this problem has been marked in several countries as a result of the war.
Consequently, the Government aims to develop a consistent macroeconomic policy plan to control inflation, which fell slightly in April compared to March.
