US EditionCaputo Ruled Out Another Debt Takeover and Admitted a Setback in the Fight Against Inflation
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The Minister of Economy, Luis Caputo, again generated controversy with a series of statements about the economic situation and behavior of the Argentines vis-à-vis the peso. During his presentation at the Symposium on Capital Market and Corporate Finance, the official said that “the economy is in order” and attributed part of the financial tensions to a supposed “psychological damage” in society.
For the first time since La Libertad Avanza took office, Luis Caputo admitted that the government experienced a setback in its fight against inflation. "We came very well until June last year and suffered a setback in the last seven or eight months," said the Minister of Economy. "We cannot control the demand. I cannot force you to have weights in the pocket if you don't want to or if you want to use another transactional aggregate," the head of…
The Minister of Economy presented this Thursday at the Argentine Institute of Finance Executives, and again pointed to Kirchnerism."The psychological damage it caused was brutal," the official launched.
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