2023-11-27 01:41:00
Before traveling to the United States, the president-elect, Javier Mileyassured that Luis “Toto” Caputo, who would be his Minister of Economy and accompanies him on that trip to New York and Washington, has a “expert financial doll” to “disarm the Leliqs ball to avoid hyperinflation“and assured that in the assembly of his cabinet no one imposes anything on him.” Likewise, he announced that will call extraordinary sessions and send a package of measures with State reforms.
“On December 11, a huge package with State reforms enters. We are not going to wait for March for the ordinary ones to come. We are going to call extraordinary sessions and we are going to discuss all these issues because it is urgent. We cannot wait until March, because the demand for money begins to fall. The problems must be resolved as soon as possible,” he expressed in a television interview with Luis Majul in your program The cornice which is issued by The Nation+.
Along these lines, Milei added: “We better start solving the Central Bank’s problems as soon as possible, and not only that, but also start solving the fiscal issue, to not only stop the issuance that generates fiscal deficit, but also as inflation is taking course, clean up the excess money due to the rise in nominal GDP.”
The president-elect described these measures as part of his “shock plan.”If it’s messy, it’s going to be chaos. What we propose is an orderly adjustment. The impact is going to be hard, but less hard,” she noted while clarifying that “there will be social containment”: “The only open wallet is that of the Minister of Human Capital.”
Milei’s praise for Caputo: “There is no greater financial expert in Argentina than Luis ‘Toto’ Caputo”
“I have to dismantle the Leliqs ball to avoid hyperinflation,” Milei remarked and considered that for this job he needs “someone with an expert financial wrist, there is no greater financial expert in Argentina than Luis ‘Toto’ Caputo. It is the ideal to disarm that problem“.
Although Milei assured that the final position that Caputo occupies “will be defined as the organizational chart is adjusted,” he praised his last meeting a few days ago with the country’s main bankers where “everyone left happy,” after the former Minister of Finance Mauricio Macri will comment on his financial plan.
“The other day he had a meeting with bankers and they all came out happy. It is an excellent beginning of a solution,” he noted about Caputo.
Businessmen are already waiting for definitions from Caputo for the short, medium and long term
Milei also referred to the names circulating for the rest of his cabinet, among which several figures from the PRO appear and indicated that “there is a very good possibility of team integration,” and specified: “We saw that we have a lot in common and We agree on 90% of the agenda.”
“No one imposes anything on me. If there is a painting that interests me, I will call it,” emphasized the president-elect, when asked if Macri could be responsible for some of the appointments of the new Government Cabinet.
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