Europe EditionLuis Caputo Said the External Deficit Is “Absolutely Reasonable and Even Healthy”
19 Articles
19 Articles
The Minister of Economy participated in a congress of SMEs. He assured that the current account deficit is linked to growth and investment and reiterated that there is a free floating of the dollar
The Minister of Economy, Luis Caputo, rejected the criticism received by the government for the negative balance in the current account, which exceeded US$5 billion in the first quarter of the year, according to Indec. “It is something absolutely reasonable and even healthy for an economy that is growing to 6%,” he said, in his exhibition during the congress Somos Pymes, in La Rural. It was after warnings that various economists –Sunday Cavallo,…
Following the visit of the International Monetary Fund (IMF), the Government minimized the record outflow of foreign exchange for tourism and reaffirmed its commitment to the exchange rate floating regime. Economic team officials held meetings with the agency’s technical staff in Buenos Aires and stressed that there was no intervention in the official listing. In the first quarter of the year, the current account deficit reached USD 5,191 millio…
At the same time, the minister said that the government seeks "that all companies on national soil can compete on equal terms."The entry Caputo justified the external deficit of the national government was first published in #BorderJournalism.
In the congress Somos Pyme, held in La Rural, the Minister of Economy, Luis Caputo, addressed the current account deficit of USD 5,2 billion recorded in the first quarter, classifying it as “absolutely reasonable and even healthy” for an economy that grows to 6%. The official emphasized that this deficit does not support public spending, but reflects a robust investment and the strengthening of the private sector. According to Caputo, the increa…
The minister recalled all the measures promoted for the SMEs and assured that the government seeks "that all companies on national soil can compete on equal terms."The post "It is even healthy for the economy": Luis Caputo justified the external deficit of the National Government and spoke to the SMEs appeared first on The Intransigent.
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