Lacunza receives economists from the Frente de Todo …

The new minister
from Hacienda, Hernán Lacunza
has confirmed that he will meet
this Wednesday with part of the team of economic advisers Frente de Todos, the candidate Alberto Fernández being in agreement with the president Mauricio Macri during his last telephone conversation.

Before the meeting, Lacunza reiterated that "the current exchange rate is well above the value of balance" and reiterated that one of its management objectives will be to put an end to "irrational speculation" at the expense of the reserves of the Central Bank, which, in his view, "is what they are ".

As it appeared, the meeting will be with the former Deputy Minister of Economy, Emanuel Álvarez Agis, the former Secretary of Finance, Guillermo Nielsen and the economist Callao Cecilia Todesca group.

The meeting was confirmed during an interview with Radio Miter in which the newly-appointed minister stated that "it is indisputable that the current exchange rate far exceeds the value of balance" and has estimated that "there is no reason to expect or promote a rise in the exchange rate. "

Through the official agency, the government is eager to clarify that the trio of advisers Fernández will not accept any proposal and that the initiative will be at the head of the Palacio de Hacienda. "They will listen to Lacunza, but they have no plans or specific proposals because Alberto was very clear when he announced that he would not co-govern because it was only A presidential candidate, "said a source to Telam.

The truth is that a meeting is not explained as such if there is no counterpart of dialogue, ideas or proposals. Especially when a new official like Lacunza receives two experienced economists in the public service, such as Nielsen and Álvarez Agis. The first was part of the external debt renegotiation team under the Néstor Kirchner government and the second was a UN adviser on macroeconomic issues and held a position at the Ministry of Economy during the entire second presidency of Cristina Kirchner.

Lacunza's appointment with opposition economists was a matter agreed between the winner of PAHO and the deposed president. "The talks should become daily, we are talking about what was happening in New York, but what we are talking about is between us," said Fernandez about the dialogue he had with the chief. of the state.

In addition, it will be the second meeting that Lacunza had with the economic advisers of the opposition political forces. Marco Lavagna, from the Federal Consensus, yesterday offered the minister greater coordination to stabilize the dollar, renegotiate the agreement with the International Monetary Fund and encourage consumption.

"I will also meet José Luis Espert, with the space NOS (led by the carapintada Juan José Gómez Centurión) and the left front. We want to listen to everyone, "he said," because the government cares what candidates say to generate certainty for the future. "

The IMF and the reasons for the currency crisis

Mr. Lacunza also intervened to respond to the IMF's statement that the situation was deemed "difficult" by Argentina. "The agreement is still in force," he said, revealing that he had met Monday evening with the authorities of this organization.

"The statement of the Fund reflects this conversation," he said, acknowledging that the mission members who will arrive in the country in the coming days have requested a postponement of the scheduled meeting. "I asked them to give me a few days or weeks to complete the implementation of the situation and describe the next steps, and with great willingness, they understood," he said.

During journalistic interview, the official was cautious in determining the reasons for the megadvaluation of Monday's 12th, whether the triumph of "Kirnerism" – as the government argues – or the exhaustion the macroeconomic model. "The current economic model was the same Friday (before STEP) as Monday (after), the only thing that happened in the middle was the outcome of the elections," he said, adding that the crisis was "a combination of factors that, to say it online, it's inheritance plus own mistakes more bad luck.

Regarding what could happen in the October general elections, the minister said that the elections "can not be an excuse to put stability at risk," he said. electoral contest ":