Mario Blejer, former president of the Central Bank: "In 2001, we had 10 times less reserves than today"

The current economic and political situation generates uncertainty. Companies do not know what will be the future of the country and the population he also fears for his savings.

But Mario Blejer, former president of the Central Bank after the economic crisis of December 2001, went to put cold rags on the grounds that "there are people who fear that their savings are expropriated". "I'm sure this will not happen although many politicians encourage this fear, "he said.

"People in the street ask me when it explodes. And I tell them it will not explode"Blejer said in National Radio. "There are people who are interested in this explosion, but it would be a kind of betrayal of the homeland," he said.

In addition, it differs from the current situation in comparison with the one in 2001, where there was a "corralito" on bank savings: "The total reserves are about 60 billion dollars." When I was in the BCRA there were only seven billion. We are talking about a difference almost ten times greater "he noticed.

President of the BCRA between January and June 2002, Blejer also bluntly declared that "todaythere is no default situation. They are certain measures of tranquility for a certain period of time. They are transient. The tranquility does not last forever. Although I think the last disbursement of $ 5.4 billion from the IMF will come because the Fund wants Argentina to be doing well. "