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Luis Caputo predicts a "rebound" of the economy for the last quarter of the year

2024-02-22T00:51:54.882Z

Highlights: Luis Caputo predicts a "rebound" of the economy for the last quarter of the year. The Minister of Economy said that the economic situation "is improving more than any economist would have predicted" In addition, he estimated that in February the inflation rate will be below 15%. And that the stocks on the dollar could be lifted "before the end of theYear" . The Minister was encouraged to give a beginning of certainty regarding when Argentina will begin to leave the economic crisis behind.


The Minister of Economy said that the economic situation "is improving more than any economist would have predicted." In addition, he estimated that in February the inflation rate will be below 15%. And that the stocks on the dollar could be lifted "before the end of the year."


The Minister of Economy,

Luis Caputo,

was encouraged to give a beginning of certainty regarding

when Argentina will begin to leave the economic crisis behind

.

Javier Milei's official said that his portfolio estimates that in the last quarter of 2024 we will begin to "see a recovery."

Caputo gave an interview this Wednesday to

Todo Noticias

, where he maintained that based on what they are seeing from the Government "things are

improving more

than any economist would have predicted."

In this framework, he gave his estimate:

"

We tend to think that in

the last quarter of this year we will begin to see a recovery."

In the same sense, he conjectured that the

dollar stocks

could

be removed "before the end of the year

. "

Caputo pointed out that the sooner they manage to lower inflation rates,

"the faster this rebound will be."

He said in turn that to lower it "you have to be as disciplined as possible in the fiscal deficit and the monetary regime."

Meanwhile, when asked if the

inflation rate for February

is going to be below 15%, he responded that they hope so.

"For

the first semester we are going to be in single digits

," she added.

News in development.

D.S.

Source: clarin

All business articles on 2024-02-22

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