Dujovne promised to "maintain" the course of the economy



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In front of a hundred investors, the Minister of Finance, Nicolás Dujovne, promised to maintain the course of the economy and its rules of the game despite the crisis affecting the country. He also badured that the Argentine company "does not want to go back", in reference to the possible candidacy for the presidency of Cristina Fernández de Kirchner for 2019.

Without minimizing the problems that Argentina has been facing since the middle of the year, when the dollar exchange rate began, Dujovne reviewed the management of President Mauricio Macri and reflected on internal and external support to the national government. The year has just strengthened our determination to follow this path, and we are growing under the impetus of the desire for change in our society and the support of the international community. "

"The most important thing is that we observe continued social support even in the context of a recession characterized by high inflation," said this official in his speech at the hotel Alvear from Buenos Aires. this is in part the result of a conscious effort by the administration to move forward at a socially and politically sustainable pace, from our political ability to move forward, but that 's not all. is also an indication of the real will of change of the Argentine society. "

In this sense, Dujovne stressed that "we are convinced that the Argentine society does not want to go back in the past, but continues to build a better future", alluding to the possibility that the former president Cristina Fernández de Kirchner Presidential election next year, as published The nation.

"The response we have given to a series of shocks we have experienced this year is a testimony not only of this government's belief in the way forward, but also of the commitment of Argentine society in this area. transformation path in which we are progressing, "said the minister and host throughout the year among his G – 20 peers.

Dujovne said that in recent decades, the country has not realized its "real potential" because of the policy and lack of "social consensus" that led to policies inconsistent. "Instability has led to stagnation," he said. "Over the last three years, we have made great progress in laying the foundations for development in four key areas: competitiveness, institutions, integration and macroeconomic fundamentals," he said.

"We inherited an economy characterized by serious imbalances and, in the midst of gradual normalization, we suffered a series of shocks that sowed uncertainty and led to an unexpected recession. We have accelerated our path towards balanced budgets and the Central Bank has instituted a strict and verifiable monetary rule. We stabilize the economy without breaking contracts or changing the rules of the game, "the minister summed up.

Themes

  • management balance
  • Treasury
  • National Government
  • G-20
  • economy
  • finances
  • investments
  • 2019 Elections

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