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Carlos Menem died: the crossing between Domingo Cavallo and Carlos Ruckauf for convertibility

2021-02-15T14:34:23.890Z


The ex-ministers of the Menemism debated on the consequences and benefits of 'one to one' in the nineties.


02/15/2021 11:18 AM

  • Clarín.com

  • Politics

Updated 02/15/2021 11:18 AM

The day after the death of Carlos Saúl Menem, his former ministers Domingo Felipe Cavallo and Carlos Ruckauf staged a meeting around the convertibility plan.

Ruckauf, who held the Interior portfolio and was later vice president of Menem, raised his criticisms of "one by one" and the difficulties of that moment in debating with Cavallo.

"Discussing with 'Mingo' was not easy,"

said the former official in dialogue with channel 

A24, and

 assured that the success of the convertibility was "a bad advisor" for Cavallo, because it made him "think that the result was going to always be the same ".

In addition, he said that when Eduardo Duhalde was a candidate for president and he for Buenos Aires governor stated "that you had to

be careful about how to get out of convertibility

" and that at the time he asked Cavallo himself "to go to a different ratio" and to a " cut in public spending ".

Minutes later, the former Minister of Economy came out in defense of the convertibility plan, which paired the Argentine peso with the dollar, and assured that all the country's problems were caused by having left that program.

Domingo Felipe Cavallo said that the worst mistake was to have left the convertibility.

AFP photo.

"

The best demonstration that it was not necessary to abandon convertibility is to look at what happened in 2002

, the atrocities that Duhalde did are the cause that afterwards the governments of Nestor and Cristina Kirchner and now that of Alberto have been so unfocused", Cavallo expressed.

And he pointed out that Mauricio Macri was the only president who "

tried to resume the trend of the 90s",

although "without the audacity and leadership" of the recently deceased Carlos Menem.

"The problems we have now is for having abandoned the convertibility,"

sentenced the father of "one to one." 

In addition, he insisted that

"the great jump in poverty"

in Argentina was the product of having abandoned convertibility during Eduardo Duhalde's administration, due to "the pesification and the tremendous devaluation of 2002" that produced "the worst redistribution that could be achieved. make wealth and income into an economy. "

JPE

Look also

Luis D'Elía's tweet after the death of Carlos Menem that he later deleted

Carlos Menem died: controversy over a tweet by Jorge Yoma against DAIA

Source: clarin

All news articles on 2021-02-15

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