The Minister of Economics Luis Kaputo announced the most important economy, finance and investments on EFI EXPO, that the government is preparing a number of measures to encourage the use of dollars.
The truth is that the head of the treasury palace doubled the bet and ratified last Monday the implementation of the deregulation plan for the Argentines for the use of currencies that they have on the mattress.
“We need more money in the economy. This is what is called REM SOMENT, ”he said in a dialogue with streaming house. As the minister pointed out, Argentina has “much more dollars than Peso”, therefore, in order to maintain the restoration of economic activity, she needs this money to turn into the street.
As for the plan, which the Executive Director, Empanuel Alvarez Agis, has in mind, noted with you in the radio that “many governments tried and could not return these dollars from the mattress to bring them to the Argentinean financial system.”
In this sense, the former Minister of Economics recalled that “the Argentines, who have been experiencing some resistance for more than 25 years, put their dollars in the system.”
The government plan is that the Argentines turn to foreign currency, which they have under the mattress in the financial system
And he said: “There is a misunderstanding of what the bimonal economy means. Argentina, in the recent past, is loaded with a problem with shares. This happened many times in history. ”
White is coming? Why the government “failed” according to Alvarez Agis
As Alvarez Agis described, “countries that best decided it in the region (the fact of the restoration of dollars under the mattress) were Peru and Uruguay.”
This happened in both cases, because in these countries there were “decades of financial stability and government that cease to ask people to take dollars from the mattress.”
Exactly, the economist recalled that when the government began regulatory regime in 2024, Minister Caputo said: “The thread of them and remain calm that no one will touch their dollars.”
As a result, the partner, the founder of the consultant PXQ, believed that this was not a timely statement for an official of this level. “After washing, which was recorded in terms of the amount of funds in which people joined the financial system, if you should make another six months, this is that you have failed,” he said.
In addition, he said that for technical reasons, the Havier Miley administration “is denied to accumulate reservation in the central bank, but determines that Argentina needs a flow of dollars.”
For this reason, the leader is considering the possibility of finding dollars that the Argentines have on the mattress. As Kaputo confirmed, the details will be announced in the coming weeks.
Why is the “poor understanding” of the Agreement with the IMF, according to Alvarez Agis
After reaching an agreement with the International Monetary Fund (IMF), the government stopped the exchange rate and introduced a new flotation regime between groups for the dollar (from 1000 to $ 1,400).
However, for Alvarez Agisa there is a “bad understanding” of what implies an agreement. “Von gave you many dollars, so that the exchange rate does not exceed $ 1,400. That is, it violates the glass when it costs $ 1400. What you cannot do now is what you did until Thursday, April 10: not to sell dollars, ”he said.
As for the exchange scheme, the specialist understands that the leader fulfills the “battery of measures, so that the dollar reaches $ 1,000.”
As he illustrated, among them there is a threat to exporters to sell their dollars until June 30 – Fech, in which a temporary reduction in deductions – or the possibility that an international company that wants to finance its local subsidiary can pass in 180 days without completing stocks.
