"If we had not gone to the Monetary Fund, today …



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June 2108: Argentina is in agreement with the IMF after months of exchange rate instability. The dollar had crossed the border of 20 pesos in February and the climb that led to 40 in May began late April. An official MP justified the agreement in these terms: "If we had not gone to the Monetary Fund, the dollar would now have a value of 60 pesos." Fourteen months later, and with the same amount of money. agreement of the currency, the price reached by Eduardo Amadeo.

"Courageously, President (Mauricio) Macri went to the Monetary Fund to get the money, and in this context we only heard slogans such as" No to the Monetary Fund. "They do not no proposal. "Monetary Fund," Amadeo told Miter Radio on June 23 of last year, two days before the strike against the national government.

At this time, the agreement with the credit agency had taken shape, which would disburse more than 50 billion dollars in favor of Argentina. And Amadeo justified the confirmation signed between the current former Finance Minister, Nicolás Dujovne, and Christine Lagarde through an apocalyptic projection of the dollar's value. In addition, he added that without the agreement and a dollar to 60 pesos, "poverty would have exploded as at the end of the government of (Raúl) Alfonsín and (Fernando) De la Rúa", the worst ghost that shakes today macrismo, which does not recognize its failure.

Amadeo added that "we have four difficult months ahead" and that the May shooting of that year "will move towards prices and there will be a drop in consumption". Optimist said that "the interest rate is still very high, but we are committed to lowering it", which has not been the case, but on the contrary, since it stays around 75%. "We think we have done our best to avoid past crises," said the macro MP.

In order not to doubt his optimism, the official MP resorted to a warlike image: "I think this mini-battle is won and there are more to come."

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