2023-08-18 07:51:33
MADRID, 18 Ago. (EUROPA PRESS) –
The Argentine Minister of Economy and presidential candidate, Sergio Massa, blamed the International Monetary Fund (IMF) on Thursday for the devaluation of the country’s currency during an interview with the Argentine channel Crónica Televisión.
In this sense, he recalled that the record rescue of 44,000 million dollars (39,919 million euros) was agreed by the previous government of Mauricio Macri.
Massa stressed that the IMF “works like the trustee of a call, that every three months it looks at your accounts” and that it is “a huge necklace of watermelons on the backs of Argentines.”
“It cannot be that the increase in the dollar is transferred immediately to the people,” added the minister in a statement reported by the newspaper ‘La Nación’.
In addition, Massa has clarified that his main concern at present is not the electoral race, but to “stabilize the economic situation” of the country and “compensate for the damage that has been generated by the devaluation.”
The minister has promised on numerous occasions that if he comes to power he will “raise the dollars to get the IMF out” so “never come back to it again.”
Massa has assured that the organization’s board of directors even asked him for a “100 percent devaluation” and that they ended up “accepting 20 percent.” This on Monday, aggravated by the electoral result, caused a fall in Argentine bonds of almost 17 percent.
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