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March 6, 2023
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FdT senators accused JxC of "sow uncertainty" and "defend fit"

FdT senators accused JxC of "sow uncertainty" and "defend fit"

Photo: Press.

The interbloc of national senators of the front of all reiterated this Sunday its request for “responsibility and seriousness” to the legislative blocs of Together for Change, which they accuse of “sowing anxiety and uncertainty” in the face of each decision of the National Government, in addition to recalling that the opposition benches “defended and supported the adjustment policies” during the government of Mauricio Macri.

In a statement issued by the national senators of the FdT, “the legislative blocs of Together for Change, whose government, headed by Mauricio Macri, was the causing bankruptcy to Argentina and the return of the International Monetary Fund, with an unpayable debt that will condition the country’s economic policy for decades”.

“Now, they go out to sow anxiety and uncertainty, before each decision of the National Government and even before any possible economic determination,” they said in reference to the statement issued this Sunday by the legislative blocs of Together for Change, through which the The opposition says that there are “serious risks” in “the debt swap being prepared by the Ministry of Economy.”

In this regard, the FdT senators stressed that “They said nothing when the Macrista administration led the country to a default in pesos, took on an astronomical debt with the IMF without consulting Congress Nacional ignoring current regulations and increased Argentina’s debt by more than one hundred billion dollars”.

“Not only did they keep quiet, they were silent and they accepted without saying a word the disaster that mortgaged the fate of generations of Argentine men and women for decades, but they also defended and supported the adjustment policies, the destruction of employment and wages and those decisions that ended breaking Argentina”they denounced.

Likewise, they indicated that “for the forum, they say they are promoters of dialogue, but in practice they appeal to their already well-known formula: systematic opposition, the refusal of any attempt to search for consensus, parliamentary obstructionism and false complaints before media groups and related judges“.

The lack of responsibility of this sector of the opposition in the face of an economic situation that the current government has always recognized and inherited is unfortunate. It seems that they only want Argentina to explode. It would be better for them to reflect and act with the seriousness that the moment demands from all sectors of society”, completed the official statement.

The document published this Sunday afternoon by the opposition indicated that “the aforementioned exchange will give the banks an option that no investor has: a “dual bond” adjustable for devaluation or inflation -the largest- and the possibility of selling all the securities to the Central Bank at any time (“the put”).

“This would imply “exchange insurance” for bondholders (banks) and that the local debt that matured every 3 months now, in practice, has daily maturities. All of this extended until 2024,” emphasizes the JxC statement.



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