Caputo differed from Mauricio Macri: “It is the opposite, the dirty work we did was not done at that time.”

In a strong definition to distinguish himself from his previous administration, the Minister of Economy, Louis CaputoHe stressed that the current plan is ““Practically the opposite.” For those that were implemented during the government Mauricio Macri. When asked why the situation would be different this time, Caputo was blunt: “The fiscal and monetary work that has been done during this administration has not been done. “The dirty work we did is not done.”

According to the Minister, there was in the administration of Campimos “Almost financial euphoria“Which was not supported by solid fundamentals, and the result was that “there were no investments.” “Now exactly the opposite is happening,” he said, explaining that the current financial and monetary “dirty business” generates the conditions “for investments in the real economy,” although he admitted that this “It would naturally take much longer.”.

Luis MagolHe, who was interviewing him, asked him “when will the personal economic situation improve” for the average Argentine citizen. “There has already been a huge improvement. Now, we will not be Switzerland in 24 hours, the president never promised that, and neither did I. The sooner we, Argentines, businessmen and investors from abroad, convince ourselves of the opportunities in Argentina, the faster it will reach the people.” More investments mean more work and better salaries. In the past two months, investments worth $100 billion were announced, and it is clear that they will not come next month. They are for the next four years“, he extended.

Kabuto advanced changes in the dollar chart

As evidence of the “instant change” in confidence, Caputo pointed to this LN+ Election results and expectations of recovery “Visible in the third quarter”Growth is expected “To 5 or 6% next year.” He also qualified Miley’s meeting with Trump is ‘amazing’ Make sure that ” Businessmen and politicians in the world They feel amazing Because the results support management.”

To maintain this new credibility, Caputo defended the current system of swap bands, calling it “superior” to free float. He explained that “People today want predictability.” The current scheme acts as a “gradual float” that gives greater peace of mind, as the public knows that the dollar “Don’t go from there”.

The minister said that this calm is vital because Argentina has “The demand for money is very fragile.” In turn, he stressed that in the face of any external shock or political uncertainty, “people’s automatic reaction is to turn to the dollar,” which is not common in all countries.

The other side of this monetary issue is Reducing rates That, according to Caputo, will continue. He acknowledged that the pre-election rise “was a reaction to war politics,” but that “as long as we continue down this path,” interest rates and inflation will continue to fall. He expected the CPI to do that Drill 1% per month Towards mid-2026.

The letter to the rulers and the reform package

To strengthen this path, the Minister of Economy sent a direct message to RulersAnd asked for political support For the second stage of management. “If the referees want a more comfortable situation that supports reforms to obtain more resources,” to caution.

Caputo insisted that the real benefit was to the counties It will come from growth, not public works. “They benefit much more from the increased revenues from growth than from the work they can more or less do,” he said.

In this context, he announced that the government would send “in the coming days” to Congress A Law package Which includes budgetA ovary (“Pillow Plan”) and Repair work. He explained that the reform seeks to reduce the “burdens of employers,” create a “suspension fund” to reduce litigation, and create a new system that, according to his statements, would facilitate employment.

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