Argentine president, Javier Milei, has announced that the stocks Cambiary, which has been a controversial and controversial measure in the country’s economic policy, will cease to exist on January 1, 2026. This statement has generated a mixture of expectations and concerns between the population and economic experts.
Javier Milei has indicated that the elimination of stocks It could be accelerated if a disbursement of the International Monetary Fund is achieved. Since his arrival at Casa Rosada, he has maintained a firm position on the need for a hard economic policy, focused on reducing the fiscal deficit and the implementation of a strict monetary policy.
In several interviews and speeches, it has reaffirmed its commitment to the elimination of the exchange rate, arguing that this measure is essential for the economic recovery of the country. He stocks Exchange, implemented in 2019, was a measure adopted by the previous government to control the capital leak and stabilize the national currency.
However, this measure has been criticized for its negative impact on the economy, limiting access to foreign exchange and affecting international trade. Milei has argued that the elimination of stocks is a necessary step to promote foreign investment and improve the country’s competitiveness.
As for the role of the IMF, Milei has indicated that a disbursement of the international organism could accelerate the elimination of the stocks. Currently, Argentina is negotiating a new loan with the IMF for an amount of 11,000 million dollars.
Milei stressed that this loan will not increase the country’s total debt, since it will be used to cancel the debt that the National Treasury owes to the Central Bank. However, he stressed that negotiation with the IMF is crucial to ensure the necessary funds for the implementation of its economic policies.
Payments
The relationship between Argentina and the IMF has been tense in recent years, with the previous government canceling payments to the body and questioning the conditions of the loans. JAvier Milei He pointed out that his administration is working to advance the agreement with the IMF, but has reaffirmed that the country’s economic recovery depends mainly on its own economic policy.
In his speech, Milei He has also mentioned that taxes and withholdings will continue to fall as the economy grows and the government has more resources. He stressed that since his arrival at the Casa Rosada, the exit of 10 million people from poverty has been achieved, although he has admitted that the problem of inflation is not yet solved.
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