US EditionLuis Caputo Said the External Deficit Is “Absolutely Reasonable and Even Healthy”
15 Articles
15 Articles
The Minister of Economy participated in a congress of SMEs. He assured that the current account deficit is linked to growth and investment and reiterated that there is a free floating of the dollar
The Minister of Economy, Luis Caputo, rejected the criticism received by the government for the negative balance in the current account, which exceeded US$5 billion in the first quarter of the year, according to Indec. “It is something absolutely reasonable and even healthy for an economy that is growing to 6%,” he said, in his exhibition during the congress Somos Pymes, in La Rural. It was after warnings that various economists –Sunday Cavallo,…
The minister recalled all the measures promoted for the SMEs and assured that the government seeks "that all companies on national soil can compete on equal terms."The post "It is even healthy for the economy": Luis Caputo justified the external deficit of the National Government and spoke to the SMEs appeared first on The Intransigent.
The Minister of Economy, Luis Caputo, defended this Monday the deficit of the current account of dollars recorded in the first trimester of the year, considering that it is a phenomenon “healthy and absolutely reasonable” linked to the rebound of the investment and the increase of the external demand. His statements were given during his exhibition at the congress Somos Pymes, realized in the area of La Rural. Caputo explained that the imbalance…
The Minister of Economy justified the numbers in red for the “model change” during a press conference for SMEs held in La Rural.
The audit of the Fund concluded its visit and stated that they will continue to work. The Government meets the fiscal adjustment goal, but the currency deficit continues. According to the BCRA, the current currency account meets twelve consecutive months of deficit: more dollars come out of those who enter the country. The IMF completed the technical mission in Buenos Aires to audit the economy and revise the agreement. There were no details abo…
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