"The dollar and inflation are already too high," said Hernán Lacunza

The Minister of Finance,
Hernán LacunzaAt the start of his press conference today, he said the value of the dollar and the rate of inflation in Argentina were too high. He then announced a series of measures to reverse the situation.

The new head of the economy of the government of
Mauricio Macri "The president has given me a central mandate: to take care of the Argentineans, especially in this time of financial and exchange rate-related tensions."

"That the dollar and inflation do not increase anymore, they are already too high and erode the wages and savings of all Argentines, especially those who have a medium or low income, because they have at least tools to protect themselves, "added Lacunza before. explain what would be the strategy that includes the search for a "reperfilamiento" of the debt contracted by Argentina to the International Monetary Fund (
MFIs).

Lacunza indicated that,
While unfolding the IMF mission visit to the country, "we proposed this agency and one of the opposition's suggestions to initiate dialogue to revive debt maturities with this international organization ".

Another of the announced measures is the sending of a bill to Congress in order to extend the terms of the debt to local holders, as well as to those who have a foreign jurisdiction , in order to remove doubts about the 2020 deadlines. until 2023.

In addition, he explained that the government would extend the term of the short-term debt of Letes and Lecaps only for institutional investors.