Miguel Pesce, assured, this Tuesday, that the Government “does not want to apply any recessive recipe or sudden devaluation” in the exchange rate; this, in relation to the package of economic measures announced on Monday by the Minister of Economy, Silvina Batakis.
The President of the Central Bank (BCRA) maintained that the situation in relation to the exchange balance would begin to improve in August when “energy imports begin to give way,” according to Miguel Pesce.
Likewise, Miguel Pesce assured that the country has enough reserves: “There is no reserve deficit, except for the lower disbursement of international credit organizationsIn the second quarter, we met the goal we had set for ourselves”.
Regarding the soaring of the blue dollar, the official maintained that “there are speculative strategies that put pressure on the exchange market in the markets that the BCRA cannot intervene.” At the same time, Fish ruled out a sharp devaluation.
“It is not necessary because what we have is just a difficult situation that we have to go through,” he said, adding that those who “demand a devaluation seek to achieve a distribution of income and profits greater than those they currently have.”
Along these same lines, the president of the BCRA affirmed that “Argentina has an expectation of growth” and that part of the problem that is being experienced now is the product of the consequences left by the war in Ukraine.
“We have to go through this difficult situation without unnecessary adjustments, without unnecessary devaluations, asking the sectors that are needing more imports this year than last year to finance them in this complex situation that is aggravated by the energy consumption of the winter months. “, he added.
Miguel Pesce defended the position of the Minister of Economy
In dialogue with C5N, the president of the BCRA defended the decisions of Silvina Batakis and maintained that “the minister has been clear, we are in a difficult situation like so many others that we have gone through since 2016; those who herald great adjustments, those who herald devaluations Those who proclaim that suffering is necessary for us to get out of this situation are wrong”.
The official also added that “where the minister has been clear is in the importance of fiscal soundness, the role of the State and fulfilling the commitments we have assumed” and that this is “enough to get through the situation in which we find ourselves “.
