Kicillof stated that "an adjustment cannot be accepted" in the negotiation with the IMF

The Buenos Aires governor, Axel Kicillof, warned today that “an adjustment cannot be accepted” within the framework of the negotiations that Argentina is carrying out with the International Monetary Fund (IMF). In statements made to Radio 10, the president highlighted that in the presentation on the negotiations with the Fund made days ago by President Alberto Fernández and the Minister of Economy, Martín Guzmán, “both were very clear: at this stage it cannot be accepted a setting. “

“We have levels of job loss due to the pandemic and the (previous) crisis generated by Mauricio Macri that needs to reinforce active policies and reach those most in need,” said the governor. Kicillof stated that “for society it is clear that after four years of macrismo with its consequent crisis and deterioration in employment, plus the two of pandemic, a process of very strong economic recovery and very relevant growth is seen.”

“Now how we continue is at stake,” continued the economist, rejecting “policies of wage restriction, structural adjustment, or ideas of lowering public investment, activity or growth in order to generate fewer imports and make dollars available for the economy. external payment “. In this context, he was “optimistic” regarding the economic projections for the country and said that “there is a clear policy of recovery and transformation in education, infrastructure and job creation” from which the government should not “deviate.”

“As for the optimism or pessimism manifested by multilateral organizations, such as the World Bank or the IMF, I remember that in the Macri government, each year they predicted much more growth than there was,” he said and remarked that in the government of Cristina Kirchner, when he was economy minister “it was always the other way around.”

He evaluated that “it is systematic, it seems that the optimistic or pessimistic numbers mark rather the sympathy that certain economists have with governments” and said that “more than technical, it is a political issue since they try to make policies with the forecasts.”

Later, Kicillof highlighted the role of a “present state” and said that the government of former President Mauricio Macri “applied almost vocationally the adjustment recipes of the International Monetary Fund (IMF) before it was asked to do so.” “They announced a labor reform to lower salaries, pension and tax, to charge less to the privileged sectors,” he closed.

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