He Minister of Economy, Luis Caputocame out today to ratify that there will be no devaluation and said that the so-called “dollar blend” For exporters it remains at the “80/20” percentages.
“There is no devaluation planned, the 80/20 is maintained and the Fund has no problem with this (it is in the statement because it comes from before when we estimated that the law could pass in March)”Caputo said on social networks.
He also confirmed that the “crawling peg” of 2 percent per month “is maintained.”
Caputo: we have not “started negotiations with the IMF for a new agreement”
Regarding the IMF, he said: “We have not yet started negotiations for the next agreement” and highlighted that they maintain “a very good relationship” with the Fund.
The minister said that “Between the Economy and the Central, we are a small, very homogeneous group, which is essentially dedicated to trying to resolve the challenges inherited from the greatest economic disaster in the history of our country, and which speaks very little to the press.”
“I understand that this does not favor the work of journalism,” said Caputo.
See more
And he maintained that “Many serious journalists understand this and report what they can verify, some get upset and make up stories in retaliation, and others literally fabricate stories.”
“We cannot waste our time refuting each of these lies,” he emphasized.
And he said that “as it has always been since we took office, When there is any change in economic policy we will inform you ourselves.and that if we say something, we do it.”
In that sense, he confirmed: “There is no devaluation planned. The 80/20 is maintained and the Fund has NO problem with this (it is in the statement because it comes from before when we estimated that the law could pass in March). The 2 pct crawl is also maintained. “We have not yet started negotiations on the next agreement with the Fund, with which we maintain a very good relationship.”
With information from Argentine News
#Argentina
