Miguel Ángel Pichetto said Mauricio Macri "requested collaboration with Alberto Fernández in economic matters"

02/22/2020 - 15:15

• Clarín.com
• Politics

The Peronist leader and former candidate for Vice President of Together for Change, Miguel Angel Pichetto , said that former president Mauricio Macri asked for "collaboration with Alberto (Fernández) in economic matters" at the last meeting with leaders of the PRO.

"It should not be ruled out that there is a default. That would be completely negative because it would bring hyperinflation," said Pichetto, who remarked that "Together for Change supports debt negotiation, it supports Minister (of Economy, Martin) Guzman, because there is to avoid the default. "

In this regard, he appreciated that the government of Alberto Fernández "is making an effort to channel the problem," but "there are no concrete results yet."

The former senator also questioned that "charging Mauricio Macri who is guilty of external debt is a fallacy , it is a construction of a political account" and recalled that "during the 12 years of Kirchnerism, the debt he contracted is 200,000 million Dollars".

"External debt is a process of accumulation that begins with the military dictatorship of '76 and continues with democratic governments, because the structure and fiscal expenditure was never put in cash, public accounts could never be ordered," he said. Pichetto, in statements to CNN radio.

The member of the board of directors of Together for the Change considered that "the demand of the Argentine society to the State was always higher to the capacity of answers of the same and therefore that was solved with the monetary emission and inflation or via of indebtedness. "

Negotiation with the IMF

Regarding the negotiations that the Government is carrying out with the International Monetary Fund (IMF) and private creditors for public debt, Pichetto emphasized: "It seems to me that the Government is making an effort to address the debt problem, but there are no concrete results yet. "

"Some measures they have taken regarding fiscal restrictions, in the framework of the emergency law, were messages to the Fund and bondholders that they could make savings and be in a position to deal with the next agreements," he said.

According to Pichetto, "we must make a great effort to agree and I believe that it is possible to agree, because the Government directed the process and now we must see what the offer is in terms of removes."

"It is not convenient for Argentina to go to a default because those deflated bonds will be bought by vulture funds and then they will go to trial and the country already has the bad precedent of Judge (Thomas) Griesa's ruling in New York," he warned.