Nielsen unveiled the keys to Fernández's economic plan – Together

A possible government of Alberto Fernández would favor an agreement between the different sectors, in the style of the "Pact of the Moncloa" signed in Spain, in order to contain prices and wages, to put in place a budgetary austerity to support the primary surplus and the floating exchange rate. limitations on quick liquidation of dollars and "currency regulation".

That's what Guillermo Nielsen said, one of the main economic references of the presidential candidate of Frente de Todos.

In an interview with the Brazilian newspaper ValueNielsen has listed some ideas on which the team surrounding the winner of the August 11 STEP works.

Nielsen spoke of promoting an agreement on prices and wages "similar to that of La Moncloa", an austere fiscal policy guaranteeing a primary surplus, a coordinated monetary policy with budget targets, a price and salary pact and a type of contract. floating change

He also mentioned the need for exchange regulations and a reformulation of the agreement with the IMF to "get some degree of freedom".

According to the agreement with the IMF, he said that they would try to "coordinate the objectives.Today, we have an agreement and we must necessarily discuss some things." It's not that we're going to do what we want, but there has to be a negotiation. "

"We will seek a greater degree of freedom under the current agreement.We understand that we will have the popular mandate of the votes that authorizes us and obliges us to renegotiate the agreement with the IMF.

We will seek a renegotiation of everything: payments, conditions, conditions. See how we can do from a realistic reading of Argentina's economy and politics, "he said.

Nielsen said it was "necessary to think that a significant portion of the population can not pay for utilities." We must keep in mind that half of the youth are poor. Is the biggest obligation to solve. "

On the foreign exchange market, he said that "in principle we will have a floating exchange rate.I do not think it's convenient to set a fixed exchange rate.We need to maintain competitiveness exchange rate ".

But he said that "there will undoubtedly be changes in the current exchange rate policy of absolute freedom in the capital market, which characterized the Macri government and was very negative. Today's high interest rates are combined with instruments that gave rise to the carry trade, which has cost us dearly. "

On the price and salary pact, he said that "a social agreement will be proposed to reduce inflation as soon as possible, similar to what has been done in Spain in the 70s with the pact of the Moncloa ".

Nielsen said that it was necessary that the real interest rate be just above inflation.

"It will be necessary that the dollars from exports enter the market in a given period of six, eight or twelve months, we do not know it well, but they will have to be liquidated."

"It is not possible to spend years to liquidate export dollars.This creates a situation of instability in the foreign exchange market that we must avoid.You can not remove holdbacks overnight This is not viable, "he said.

Nielsen said that "it is necessary to take as a reference what we were between 2003 and 2006. You will find the type of economic policy that we propose.We will also take into account the aspects of social policy proposed by Cristina ".