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Domingo Cavallo Pointed Against Luis Caputo for the "Improvisions" and Controls to the Banks

Summary by Clarin
He said that the deterioration of the economy is not just because of the "Kuka risk."He criticized the exit of the LEFIs and the interventions.

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He said that the deterioration of the economy is not just because of the "Kuka risk."He criticized the exit of the LEFIs and the interventions.

·Buenos Aires, Argentina
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The former Minister of Economy Domingo Cavallo lamented the "improvisions" and indefinions in monetary and exchange-rate matters of the economic team led by Minister Luis "Toto" Caputo, and warned that these inconsistencies are then "paid with stagnation and mistrust".

The former holder of the Palace of Finance, Domingo Cavallo, joined today a broad group of economists who claim that the current financial instability, and the stoppage of the economy, is not due to a possible return of Kirchnerism to power, but to the mismanagement of President Javier Milei, and his minister, Luis Caputo. "Over the course of these months "there was no stabilization plan" because it was impossible to launch it in a credible way …

Domingo Felipe Cavallo questioned the main axis of discussion of the national government and warned that the economic crisis does not only respond to the "Kuka risk" but also to measures adopted by the economic team led by Luis Caputo. "The worsening of the last few months cannot be attributed only to the risk "KUKA" nor to the attacks of the opposition in Congress, but also to the imprevisions and improvisations of the economic team," said the …

The former Minister of Economy published an extensive article on his personal blog. “The fundamental problem is that what is the country’s monetary, financial and exchange rate system is not defined,” he said.

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Clarin broke the news in Buenos Aires, Argentina on Monday, September 1, 2025.
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