“Corralito” and “default”. Martín Tetaz’s harsh criticism of Javier Milei’s economic management

by times news cr

Martin Tetaznational deputy for the UCR, once again had harsh words regarding the president’s management Javier Mileyespecially in the economic field and in relation to the decisions made by the president. “Next year, if the country’s risk does not decrease, we will end up in default again”warned the legislator. “Argentina was on the edge of a corralito the entire first semester. The savers’ dollars were not in the banks. Only now does the Central Bank have reserves to stay on its feet”he continued.

“The first responsibility of [el ministro de Economía, Luis] Caputo was to avoid the playpen. The second responsibility is to avoid default next year. “Argentina has many debt maturities and cannot renew them,” Tetaz explained in a radio interview. Millennials.

For the deputy, if the head of the economic portfolio manages to evade default “it would be a very satisfactory achievement for Caputo.” He said that this is one of the objectives that Milei asked his minister. “If Argentina does not have less than 700 risk points, the country will default next year. Today he has 1,200 and he has to do it quickly, in three or four months”explained the radical economist.

In Tetaz’s opinion, next June “the market is going to judge the Government’s fiscal result because during the first months of the year it used a lot of blenders, but that month you have to pay bonuses and the joint ventures come in and there you have the chance to use the blender.” “It is quite limited.”

Text criticized the position of the President who “wants a zero State, but who in practice negotiated with the unions to lessen the impact of the labor reform that we have to discuss tomorrow [por este lunes]. He is practical and fundamentalist with ideas that are extreme”.

Tetaz criticized the President’s position that “he wants a zero State, but that in practice he negotiated with the unions to lessen the impact of the labor reform that we have to discuss tomorrow.” [por este lunes]. He is practical and fundamentalist of ideas that are extreme.” Archive

“The Government seeks to get out of the crisis with a blender plus taxes. “Once he manages to escape, he will advance to a state with less education and health and everyone will pay for it as they can.”the deputy harshly pointed out, and highlighted: “He increases taxes when he said he was going to lower them.”

Regarding the cuts in the budget items of the universities and the massive mobilization that took place last Tuesday, Tetaz said that people “are having a bad time, the middle class has become dramatically poorer, there is a certainty that the next generation is going to be worse off than us.” “Society says that the only thing that works about the State is the educational process and they are trying to destroy it. Milei questioned the tiredness of a State that did not work, that had corruption everywhere, but in the case of education he did not correctly understand that this subject is still a value for society, especially public society,” continued the radical deputy.

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