In a challenging economic context, the Government He has decided to implement phase III of his economic plan, which focuses on reducing the devaluation rate and maintaining a ironed dollar with the aim of accelerating the decline in inflation.
This strategy seeks to stabilize the economy and generate confidence in markets, while trying to protect the purchasing power of citizens. The controlled devaluation of the Argentine weight has been a tool used by the Government To adjust the economy and correct imbalances.
However, in recent months, the rhythm of devaluation has been slower than expected, which has generated uncertainty in the markets and has negatively affected inflation. Given this situation, the Government He has decided to take more drastic measures to stop the devaluation and stabilize the exchange rate.
One of the main measures taken in this phase III is the intervention of the central bank in the exchange market. The Central Bank has increased its foreign exchange reserves and has implemented capital control policies to avoid the leakage of dollars.
In addition, limits to the purchase of currencies by individuals and companies have been established, in order to reduce the demand for dollars and maintain the stable exchange rate. Another important measure is the implementation of a ironed dollar, that is, a fixed or semi-fix exchange rate that remains stable for a prolonged period.
This strategy seeks to generate confidence in markets and avoid exchange speculation, which has been one of the main factors that have contributed to inflation in recent years. By maintaining a stable exchange rate, the prices of goods and services are expected to be stabilized and that inflation will begin to decrease.
Fiscal policies
He Government It has also implemented fiscal and monetary policies to support this strategy. Public expenses have been reduced and austerity measures have been implemented to control the fiscal deficit.
In addition, interest rates have been increased to reduce credit demand and control inflation. These measures seek to generate a more stable and predictable economic environment, which allows companies to plan their economic activities with greater certainty.
Followers in Google News And in our channel of Instagramto continue enjoying the latest news and our best content.
