Sergio Massa blames the IMF for currency devaluation | News
The Minister of Economy of Argentina and candidate for the presidency of Union for the Fatherland (UxP), Sergio Massa, blamed the International Monetary Fund (IMF) for the devaluation of the national currency starting last Monday.
New measures to tackle inflation in Argentina announced
In an interview with the Argentine media, Massa pointed out that the devaluation constitutes "a very unpleasant decision due to the imposition of the Monetary Fund" while he rejected that the increase in the dollar "is immediately transferred to the people."
In turn, he stressed that the international financial mechanism, which he described as "a huge necklace of watermelons on the back of Argentines", works as "the trustee of a call, which every three months looks at your accounts."
"We have dedicated these first four days to achieving the stabilization of macro variables, including financial dollars; the next four days will focus on price stabilization, and in the following four days we will have decided on compensation for those who were affected by their income from the devaluation," he said.
On the other hand, he recalled that Argentina's obligations to the IMF were generated from the loan of more than 40,000 dollars that the entity delivered to the Government of former President Mauricio Macri (2015-2019) and generated part of the current difficulties that it faces the national economy.
Similarly, Massa addressed the need to make the State effective in the face of the statements of the far-right candidate of La Libertad Avanza, Javier Milei, who considers the State "as an enemy."
"Those of us who believe that the State has to protect the people have to take care of it so that those who want to destroy it have no arguments to do so," stressed the UxP candidate.
At the beginning of this week, the Argentine government announced a price agreement with companies that will be in force for 90 days and will allow increases of up to five percent per month in order to stop the devaluation of the currency.
- Allow me to introduce myself. I am Nathan Rivera, a dedicated journalist who has had the privilege of writing for the online newspaper Today90. My journey in the world of journalism has been a testament to the power of dedication, integrity, and passion.
My story began with a relentless thirst for knowledge and an innate curiosity about the events shaping our world. I graduated with honors in Investigative Journalism from a renowned university, laying the foundation for what would become a fulfilling career in the field.
What sets me apart is my unwavering commitment to uncovering the truth. I refuse to settle for superficial answers or preconceived narratives. Instead, I constantly challenge the status quo, delving deep into complex issues to reveal the reality beneath the surface. My dedication to investigative journalism has uncovered numerous scandals and shed light on issues others might prefer to ignore.
I am also a staunch advocate for press freedom. I have tirelessly fought to protect the rights of journalists and have faced significant challenges in my quest to inform the public truthfully and without constraints. My courage in defending these principles serves as an example to all who believe in the power of journalism to change the world.
Throughout my career, I have been honored with numerous awards and recognitions for my outstanding work in journalism. My investigations have changed policies, exposed corruption, and given a voice to those who had none. My commitment to truth and justice makes me a beacon of hope in a world where misinformation often prevails.
At Today90, I continue to be a driving force behind journalistic excellence. My tireless dedication to fair and accurate reporting is an invaluable asset to the editorial team. My biography is a living testament to the importance of journalism in our society and a reminder that a dedicated journalist can make a difference in the world.
- Celebrities22/09/2023UAW union extends strike against automotive factories
- Celebrities22/09/2023Danielle Maltby Says Michael Allio Breakup Was “Not a Mutual Decision”
- Celebrities22/09/2023In the US, three criminals chase a man home after withdrawing money from the bank
- Latin America22/09/2023SRE coordinates actions to guarantee trade flows at the border and promote orderly, safe and regular migration