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The PRO files an appeal against the debt swap: "We are going to stop the emptying of the Guarantee Fund"


This was announced by Patricia Bullrich through a tweet. For the former minister, it is a 'pesification' and devaluation of the bonds.

The president of the PRO, Patricia Bullrich, announced that the opposition space will present an appeal against the decrees promoted by the Minister of Economy, Sergio Massa, that appeal to the sale of bonds from the Sustainability Guarantee


(FGS) of the ANSeS to try to control parallel dollars.

As the former Security Minister explained in a tweet, the measure is

a debt swap that leaves the country "on the brink of default,

pesifying and devaluing the price of the bonds." 

"The debt swap promoted by the Ministry of Economy, which forces public organizations to pesify their debt holdings in dollars,

is objective and factually ruinous,"

the PRO questioned in a statement accompanying the announcement.

As they argued, the announcement of the exchange

lowered the grade of Argentine bonds

from 'CCC-' to 'C', according to the consulting firm Fitch Ratings.

"This is one of the lowest scores on its risk measurement scale, representing a drop of 5 subcategories. It leaves us on the verge of default (non-compliance)," they explained. 

From the PRO, they also argued that the DNU promoted by Massa "affects the FGS for payment and investment in issues unrelated to the pension system,

leaving future and current retirements in a state of vulnerability


"The risk of falling into a definancing of the FGS, as a result of its bad investment, will occur as long as the dividends that must be generated in accordance with the law are not guaranteed," they completed.

"Structural Change Decisions"

The president of the PRO also spoke this Monday 

about the resignation of Mauricio Macri

to compete for a new presidency.

She evaluated the decision as "very generous and detached from power", and remarked that "it consolidates a political force that has change and is not based on a name."

"I found out when it came out on the networks, at 10 in the morning. I had already been talking to Macri, he

told me not to upload it where it had not been uploaded

. My feeling was always that his decision was being processed. But I found out with him video, he didn't call me before," Bullrich told Radio Miter.

He added: "The most important thing we have ahead of us is a competition that has to be fair.

Whoever loses not only accompanies, participates, does not play from outside,"

said Bullrich, who called for the next one to be "an integration government."

In this sense, he anticipated that a strong coalition will be needed to move forward with the measures he plans to take, which he described as "structural" and

for which "a lot of strength" is needed.


We are going to have to make many decisions for structural change,

they are all going to affect a privilege and, consequently, many are going to try to prevent us from governing. Against interests and privileges, we are going to go side by side, like a rugby scrum," he anticipated. .

Finally, he reaffirmed that

there is no agreement with Javier Milei in the pipeline,

at least until after the first round.

"If I win the first round, it will already be in the second round. But we know that he is on his side and we are on our side," he said.

look also

Due to the wave of criticism, now Massa says that he will ask the UBA for an opinion that endorses the removal of funds from retirees

The Government continues to play everyone against everyone but now with the noose around its neck

Source: clarin

All news articles on 2023-03-27

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