Madera on the agreement with the IMF: “There is a disorder in the announcement of the measures and this was seen in the blue dollar”

2023-07-24 20:31:20

The agreement with the IMF seems a little closer. It is that from the multilateral organization they assure that they are close to closing the staff level agreement with the national government, which might be a relief at election time.

In this context, we communicate with Hernan Maderapolitical and economic analyst, who spoke regarding the agreement with the IMF and the economic reality of the country.

Agreement with the IMF and announced measures

“New dollars are added and the key to the measures is the importation of services,” said Madera, who later completed: “We don’t know what will happen to corn, the animals are fattened with this cereal and that can impact the prices”.

“The measures are not completely clear,” shot the expert. “You are giving corn a differential dollar, that will go up precio in the domestic market”, added the interviewee.

Along the same lines, the analyst said that the Country Tax is 7.5% but it can be increased by decree. “Congress authorized the Government so that the Country Tax can rise to 35%, we do not know how much they will highlight in the value chain”complete.

“There is a disorder in the announcement of the measures and this was seen in the blue dollar”, explained the interviewee. “Governments can take transitory measures, there is no plan in the government outside of requesting dollars from the IMF,” he said.

Finally, Madera said that dollars are needed to be able to lower the price of financial dollars. “We don’t know how the agreement with the IMF is going to be, It’s not published yet,” he concluded.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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