Darío Epsteindirector of Research For Traders, organizes eleven years ago the Latam Economic Foruman event for benefit that brings together entrepreneurs, finance executives and has the participation of officials, analysts and economists. This Thursday a new edition will be held in which the presence of the president is expected Javier Milei and the Minister of Economy Luis Caputo.
This year’s edition will take as a motto Miguel Ángel Boggianothe deputy Luciano Laspinathe president of Byma Claudio Zuchovicki and political scientists Alejandro Catterberg y Fabián Calle.
“11 years ago it occurred to us to do an event so that the companies that sponsored can listen to someone important, offer them something, added value and thus we can gather donations, which if we did it otherwise we would gather a tenth part,” Epstein told Infobae.
“The current president helped us for many years with good will, last year being president and the previous one being a candidate. We had speakers of the highest level. All those who go to that event, which we organized buy entrance and help. We do not believe that the State has to be supportive of the silver of others, this is something private,” he said. “There are no intermediaries, La Plata goes directly to the foundations”, which are the Cooperator of the Ricardo Gutiérrez Children’s Hospital and the Jabad Social Action Foundation.
Epstein said that this year there will be three discussion axes: The Argentine economic situation, the global context and political perspectives in the electoral year. “Argentina has to Back to debt markets for the end of the year”, He defined. And he said that the tariff war will be one of the elements that will influence the global financial climate.
To react to the market, Argentina will need to lower the country risk to the zona from 400 or 500 pointsconsidered the director of Research For Traders. “It can go to the end of the year, in January we have several billions in maturities. The elections are key; it is very important; as he said Kristalina Georgieva (Director of the IMF), which Argentina confirms the course of change, ”said Epstein.
In this regard, the director of Research For Traders mentioned that he expects an appreciation of the bonds, and that in 2025 the economic team would not need to re -enter the voluntary debt markets. The drivers To keep going down the country risk and do it later, he said, they are that as the course is ratified, ”deregulating and lowering the expense, The market is going to see you with more appetite to investwhat they are waiting for is that, ”he said.
“There is an achievement that is unique: politicians hate to lower public spending, it is anyone’s terror. The politic Monetary Fund to clean up the numbers of the Central Bank and thus normalize a country with so many decades of bad praxis of corruption and embezzlement. This takes time and effort, but at the end of the road there is a country for all, ”Epstein defined.
During the 2023 presidential campaign, Epstein acted as an advisor to Milei but then ceased to be part of his teams. Now he assures that the third phase of the economic program that began in mid -April can be a transition to the final model that he has in his plans of the head of State.
“The president spoke of coin competition and dollarization. In his head what is a scheme without monetary issuance in the hands of any ruler. The government tries to build without breaking so as not to affect the humblest people. It is much more difficult with the inheritance you had; Go building little by little to achieve stability, fiscal balance and growth, ”said Epstein.
Finally, he pointed out that “Milei will define what he does with the BCRA in the future, the same with the dollarization. The base is the fiscal balanceyou can’t build anything about the deficit. If you don’t have that and do not stop the broadcast, nothing can be done. The bases are sitting, ”he completed.
