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The political analyst and journalist, Paulino Rodrigues, passed in the air of MDZ Radio with his chronicle in No tanning millennials. He spoke about the proclamation that Kirchnerism has made known to the executive, the risk that Argentina will be in default next week and also commented on when they will pay the retroactive of income tax for dependent workers in the fourth category.
What is the proclamation?
- Proclamation is an expression of desire. I think we all have a similar desire. In the midst of the pandemic, say, “Postpone paying for all services, paying rent, because I need to eat.” What is happening is that it has consequences. It seems to me that in this proclamation the consequences, worrying for Argentina, much more than the payment of the debt, are not measured.
- What is the effect of the soft vote signed by people like Boudou, Zaffaroni, Felisa Miceli? Of course, that doesn’t help. But these are the inverted appearances of the Fernando Iglesias, of the Carri when they are vehement and rebellious. These are the stresses of extremes within collisions.
- Now this expression has a foundation and support because beyond these names there is also Pablo Moyano and Hugo Yasky, Pablo Micheli, Hector Daer, Fernanda Vallejos. Expressions that go beyond the harshest and most residual Kirchnerism.
Argentina’s debts
- Monday is the maturity of the Paris Club, $ 2.4 billion. Today President Alberto Fernandez spoke with Angela Merkel, we have to see what the United States is saying. In the middle, in theory, there is a maturity that the Paris Club will extend or Argentina will officially default next week, which is no less.
- Guzmn went out today to look for money in the market. It needs 20 billion pesos to renew 100% of the maturities, but it is even aiming to capture 50 billion pesos, which the Central Bank also returned last week. There are 7 securities without an interest rate cap. We’ll see what happens, if the markup validates it.
- I would be careful what rate is valid. So far it has done so around 40% with projected inflation of over 50%, with inflation that also in May in the first 2 weeks only in the food sector has seen higher average price growth. at 2 and a half percent.
Retroactive income tax
- Workers in a dependency ratio of the fourth category, who earn up to 150 thousand pesos, who are waiting for the retroactive of income tax they will charge July. What was approved 45 days ago, what the Treasury improperly withheld in January, February, March and April, will happen July and in five installments. It will be almost like a kind of bonus every month, until November when the general election will be held.
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