Repercussions of the electoral period: “Everything that happened in the previous elections was consuming the resources of the Central Bank.”

economic, Andres ReschiniIn contact with Canal E, she analyzed the Argentine financial scene following the messages of Economy Minister Luis Caputo. According to him, the current scenario shows tensions in reserves and the need for financing.

For Andres Reschini, the official strategy suggests seeking external financing because “Argentina Not opened yet Access to the capital market for debt issuance and bond issuance, for example.” In this sense, he highlighted that the government “will explore the offer made to it by international banks which, according to the Minister, About 7,000, 8,000 million to cover debt maturities“.

Contradictions in official discourse

Regarding the contradiction between the previous statements and the new official speech, he pointed out that “now he says that this was not the case. It was a lie“, although he pointed out that “at that time, amid the tension, He did not say it was like thatBut he explained that the current number “It will be enough to cover debt maturities short term”.

Regarding the possibility of using the swap, Reschini said: “I understand that yes, the swap has been signed and… It is a resource that the government has on the tableBut he characterized his function: “It seems to me so It is a line aimed more at short-term issues“.

The need for new economic policies

As it evolves, what it lacks is predictability: “What we need It’s clearer policies In the long run.” In the same vein, he said that “it’s too bad for him to have to be there every time there’s a deadline To see how they will cover the upcoming payments“.

The interviewee stressed that the electoral crisis changed the scenario: “Argentina started 2025 with a different panorama. With a quieter marketBut he said, “Everything that happened in the previous elections It was consuming the resources of the central bankTreasury resources and put the market in an increasingly defensive position.

In this sense, he added that the government is seeking to rearrange positions: “Now, according to what the minister said, This offer is 7000, 8000 millionWhile he is betting on it “sometime in 2026.” You can access the capital market“.