After the setback suffered with the Omnibus Law that in Deputies, which yesterday returned to Commission, the Minister of Economy Luis 'Toto' Caputo highlighted this Wednesday that the Government reached "financial balance" during January, and ratified that "the
non-approval in of the 'Bases' Law does not affect in the least" the national economic program
.
In addition, he was encouraged to forecast inflation for February and announced that the legislative setback "will imply a greater adjustment, it is obvious."
"In January, which is a more financially sensitive month because the interest on the debt is being paid,
we are already in financial balance, and without law
," Caputo highlighted.
In a conversation with La Nación +, he explained that "for that reason" he withdrew the fiscal package from the Base Law project.
Along these lines, the head of the Treasury Palace remarked that "everything planned" by the Government and the economic team "is happening and definitely better than most analysts expected."
"January, the first month, without the law, we have already gone to zero deficit," Caputo stressed.
Asked about the adjournment of the session yesterday in the Chamber of Deputies when the mega reform project promoted by the Government was being discussed, Caputo emphasized: "The non-approval of the law in particular does not affect in the least our economic program, nor our commitment to stabilize fiscal accounts".
"In fact, I had withdrawn the fiscal package from the law, but not only that, but in the assembly of that package, most of the adjustment of the fiscal accounts were already outside the law," he added.
Likewise, he acknowledged that "the possibility of this happening was there" because, he asserted, "we are fighting against a handful of legislators, the caste, who do not want any change in Argentina."
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