They ask to come back to 1 to 1 | Jorge Yoma is missing the conv …



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Ambbadador in Peru, Jorge Yoma, revealed that just last week, shortly after the defeat of the ruling PASO party, he met with President Mauricio Macri and suggested that he adopt the "convertibility" system. "used under the government 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 also said to his recipe: "Put the exchange rate at $ 100 (if the government does not do it, the market will do it in a few weeks), remove two peso zeros and create another strong currency anchored in the dollar ". He explained that with this system, which resulted in the collapse of the Argentine economy in 2001, "chau inflation and interest rate fell sharply" .

At the same time, for Yoma "we need to freeze tariffs, ban indexing, eliminate retentions and put in place a taxation and credit policy to promote exports and generate enough dollars to support the peso and increase to new, "continued the ambbadador. who considers the benefits of convertibility.

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