The Minister of Economy of the Nation, Martn Guzmn, spoke today about the Argentine economy: how it recovered from the strongest period of the coronavirus pandemic, as well as the numbers that are estimated for next year.
The Economist He was interviewed by Germn Feldman chief economist of the BCRA (Central Bank of the Argentine Republic), in the Monetary and Banking Conference 2021. Martn Guzmn also referred to inflation, which he took as a central issue to be resolved for the good of Argentina and classified it as a subject to collectively solve.
“A country that says today adopted this restriction: these ports cannot operate and therefore an intermediate input cannot leave that place and affects the production process of a particular good on another side of the world. a bottleneck, a shortage in the supply. That is going to put pressure on prices, “he declared. Martn Guzmn.
In addition, the public official he added: “The policy of prices and income play an important role. It is important that the public sector and the private sector can build price agreements that allow them to have one more anchor for the formation of expectations. “
Assistance to the Treasury
“The BCRA played a positive role in assisting the Treasury in order to implement the public policies that today allow Argentina to stand up., that it has been possible to protect the productive fabric and the social fabric as much as possible, in a context where there was a lot of anguish and suffering due to the pandemic “, emphasized the Minister of Economy, Martn Guzmn.
At the same time, the politician added to his speech: “As of 2021, a path has begun to be established in which this assistance from the BCRA is being reduced. And the way in which this should continue is by respecting that the State is capable of to play that countercyclical role. “