"This year, wages will beat inflation," said Nicolás Dujovne



[ad_1]

The finance minister also said that "a healthier economy is not built overnight" and that the results of this improvement will be visible in the coming months.

After being interviewed in Washington with correspondents of the International Monetary Fund, where it had been agreed that the government would be able to sell a total of 9,600 million US dollars by means of phone calls. Daily offers of 60 million US dollars, Nicolás Dujovne has shown himself optimistic about the economy. from the country. The finance minister said the economic plan "created the conditions to converge towards a lower (interest) rate" and ensured that "this year wages will be higher than inflation".

"Wages will recover their purchasing power, they will beat inflation, and this is one of the factors that will help the economy recover," he said. In addition, he added: "Everything that happens to us comes from inflation that has lasted for many years and we are now creating conditions to converge at a lower rate (of interest)".

In turn, said that this election year "we will have an economy with lower inflation than now, with real improvements in wages, in what will be a process of consolidation with new bases to develop". "We do not have to leave the default anymore, we do not have to let the stocks in. The economy is ready to reduce inflation and to go through many years of growth, it's a lot healthier than it was three or four years ago. years, "he added during a dialogue with CNN Radio.

In this regard, he explained that "these years have been difficult, a healthy economy is not built overnight and the results will be visible in the months and years to come." Regarding the inflationary process, admitted that the current scenario "still responds to the phenomena that occurred last year with a very significant depreciation of the peso, the reversal of flows from emerging to more developed countries and drought".

In another order, Dujovne said that the government is "cleaning up the public accounts and eliminating the monetary financing of the Central Treasury, stop the machine to print pesos on the move for many years" . The 3.8% inflation in February "is a very high figure that leads us to strengthen the Central Bank's monetary program in a context that coincides with months of tariff adjustment. Remainder is the gas in April, where the rate increase will be close to 27 or 28% ", although the bills are split in two, he concluded.

Source: Telam

[ad_2]
Source link