Hernán Lacunza: "We will not allow an irrational race, which is why we have reservations"

Hernán Lacunza, new finance minister, reiterated that the priority of his direction will be to contain the price of the dollar and affirmed: "This does not make sense to allow irrational speculation because that is what the reserves serve.".

The official confirmed in turn that the agreement with the International Monetary Fund (IMF) "remained in force" and confirmed that in the short term a credit agency would visit the country.

"In the coming days, or in the coming weeks, a mission of the Fund is coming to an end. I asked a few days to describe the next steps. They have it", said the official in dialogue with Tab radio.

The entourage of the international organization will follow the evolution of an economy that has suffered the impact of the escalating dollar after the defeat of the government within the country. 39; PSO. The Fund's authorities will also badyze the measures taken by Casa Rosada, including: remove VAT for products in the basic basket and the minimum tax-free update.

Message to Governors

In this direction, provinces will absorb more than half of the tax cost of these measuresThus, a group of governors is preparing to express its rejection of the implementation of these economic initiatives.

Lacunza asked to bring tranquility to the society and sent a message to the disgruntled provincial leaders. "We must all make the effort, make accounts and corrections so that these relief measures are financed. In the case of the state, the largest collection will guarantee the initiatives taken, "said the head of the Treasury Portfolio.

News in development being updated –