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Santiago Cafiero: "Argentina is going to hit a huge blow as a result of the pandemic"

2020-10-24T20:56:45.597Z


The Chief of Staff ruled out a devaluation and assured that there is no possibility of making an adjustment.


10/24/2020 4:41 PM

  • Clarín.com

  • Politics

Updated 10/24/2020 4:41 PM

The head of the Nation's Cabinet, Santiago Cafiero acknowledged that Argentina "

is going to hit a huge blow as a

result of the pandemic", insisted that "there is no possibility of making an adjustment" and, like the Minister of Economy Martín Guzmán , ruled out a

devaluation

.

The official and right hand of the President of the Nation, Alberto Fernández, stressed: "We came from a very bad government that left poverty of 40 points and inflation of 54 points."

And he clarified: "

Our priority was to dismantle the structure that promoted financial speculation

and discouraged productive investment."

Asked about the possibility of making an

adjustment

in economic terms, Cafiero assured that

"there is no possibility"

of that happening because it is not "a logic, a priority or a tool" for the management that it integrates.

“Even if it had the possibility,

Argentina is going to hit a huge blow this year as a result of the pandemic, like everyone else

where there will be no possibility of an adjustment in liberal terms.

In that sense,

a devaluation is

also

impossible

, because it means increasing poverty, inflation soaring, prices skyrocketing, and retirement assets lose purchasing power, "he added.

"Those who are with the mentality of financial speculation and do not want to adapt to these new priorities where what we want for Argentina is

for the financial system to promote loans for the real economy

to generate production and work," said Cafiero in dialogue with 

El Uncover Radio.

With regard to state aid, the Chief of Staff confirmed that

there will be Emergency Assistance for Work and Production

(ATP) 7 and that the Universal Child Allowance (AUH) will reach more boys and girls.

Regarding the Emergency Family Income (IFE), he replied: "

We are looking for tools to make a more focused help

, in case it is not possible, there will be IFE 4".

Finally, regarding tourism, he confirmed that after seven months, Argentina will receive foreign tourists: "We are going to start this week with pilot experiences to resume receptive tourism from neighboring countries."

Along these lines, he accompanied the words of the Minister of Tourism and Sports Matías Lammens who confirmed that in the coming days the borders with Brazil, Paraguay, Uruguay, Bolivia and Chile will reopen, to allow the entry of foreign tourists.

As specified, it will only be by air through Ezeiza and by sea through the Port of Buenos Aires, while land crossings will continue to be closed.

Those who arrive on flights will do so through the Ezeiza Airport.

In these cases, tourists will be destined for the city of Buenos Aires and for a short period of time, the maximum of which would be 10 days.

They must

present a negative test

for coronavirus, but it has not yet been defined at what time of the trip.

However, Cafiero clarified that

"for the total reopening" of the borders "the epidemiological conditions are not yet in place"

and argued that "Argentina today does not have the possibility of completely opening" tourism.

PJB

Look also

"There is going to be devaluation": Martín Guzmán gambled his job with that phrase, can you believe him?

The day that Alberto Fernández spoke of "quarantine" again, although it was later corrected

Source: clarin

All news articles on 2020-10-24

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