economic, Orlando FerresHe spoke with Channel E and referred to the conclusion of the economic year, the development of the dollar, the legislative prospects for 2026 and the main role of the accumulation of reserves.
Orlando Ferrers referred to the price of the dollar in December and whether the currency would exceed $1,500, and stressed: “It will rise somewhat. But it won’t go beyond 1500 or 1520 either.In the same vein, he pointed out that “It will be among the numbers Caputo expects for the end of the yearIt is the upper bar and does not exceed it for most of it.
Improvements in congress to government
Regarding the political and economic prospects for the coming year, he described the scenario of increasing the government’s institutional power: “The situation in Congress It has improved a lot for the governmentHe also highlighted that “the situation It will be very even as far as the opposition is concerned This benefits a lot because And they can no longer find two-thirds To be able to fire Miley.”
Regarding the pending structural reforms, Ferris focused in particular on the labor issue: “The labor law should be issued sometime in December this year. Or the first months of next yearIn addition, he stated that “here in Argentina, a worker’s entire life is work, In a way that makes it very complicated for SMEs.“.
“Sometimes the gross income number is overstated and it shows It does not comply with Argentine lawHe described this, despite his awareness of the complexity of compensating the provinces.
The need to enhance reserves is increasing
The interviewee stressed the urgent need to boost the central bank’s net reserves: “I think so It will be a year to accumulate reservesThis is fundamental.” In this sense, he expressed that “what has been accumulated from the commercial part It is spent on everything that is hoarding investments“.
Then he stated that “reservations in general They did not increaseExcept for swap loans from China, the United States and the International Monetary Fund, but they were mostly lent, They are not theirsIn turn, he commented that accumulating reserves requires time and a sustainable strategy:This is done over time and with strategy This government and the next will follow it.”