Jorge Yoma spoke with Macri and suggested that he adopt the economic "convertibility" system.



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The ambbadador to Peru, Jorge Yoma, revealed today that just last week, shortly after the defeat of PASO's ruling party, he met with President Mauricio Macri and suggested that he adopt the "convertibility" system. A peso equals one dollar used in the management of Carlos Menem.

"Last week, I went to see the president and, with absolute loyalty and gratitude, I told him what I thought (and every time I met him, I met him these four years) We must return to the only policy that has proven effective with inflation in 60 years and the return of tranquility to the people and predictability to the economy: convertibility "Yoma said.

He added: "Put the exchange rate at $ 100 (if the government does not do it, the market will do it in a few weeks), remove two zeros from the peso and create another strong currency anchored in the dollar."

Who was senator at the time of the Menem government revealed his recent request to the president in a note that he had written on the portal Infobae.

"Chau's inflation and interest rate are falling sharply, at the same time freezing rates, banning indexing, removing retentions, and implementing tax and credit policies to promote exports and generate enough dollars to support the peso and regain new growth, "the ambbadador continued to stress what he sees as the benefits of convertibility.

And he said, "Yes, back to 1-1." The mistake was not to have made the macroeconomic corrections when Brazil (our main partner) devalued the real, and here we lost our competitiveness. "

Yoma added that "the government 's first task today is to restore tranquility to the Argentineans and think of the October election". (N / A)

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