Caputo Said the Economy Grows Less and the Country's Risk Also Increased Due to Local Uncertainty
5 Articles
5 Articles
The Minister of Economy spoke with Clarín and other media in Paris before embarking on his return to Buenos Aires.He denied that there was a recession, admitted that the activity grows at a lower rate by the rise of U.S. rates, the increase of energy and the prospects for the return of Kirchnerism.He again predicted a recovery forward.
The Minister of Economy said the improvement of real wages and credit will underpin the recovery; he indicated that a possible return of Kirchnerism generates concern among investors, beyond U.S. rates and the oil shock in the Middle East
The minister said that the activity maintains a positive trend despite the latest data from Indec. He also linked the slowdown to external factors and domestic political uncertainty.
After his visit to Paris, Economy Minister Luis Caputo took stock of the Argentina Week event and said that the investment announcements are intended for “all the next presidents to come,” even beyond 2031. His statements are given in a context in which the Argentine Ambassador to France, Ian [...] The entry Luis Caputo: “The economy is growing at a slower pace, we are not in recession” was first published in Diario San Rafael.
The Minister of Economy of Milei referred in Paris to the perception of political risk among investors, the recent global shocks and what he expects for the activity of August and September.
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