US EditionFormer Minister Cavallo Says Milei Faces a Case Similar to the One Menem Lived and Calls for a Free Exchange Rate
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4 Articles
The government of the president of Argentina, Javier Mieli, faces a new test in the parliamentary elections on October 26. This, after the hard defeat in the recent elections in the province of Buenos Aires, which were considered a test for the administration of La Libertad Avanza (LLA), the party of the ruling party. However, Domingo Cavallo, the former Minister of Economy of Carlos Menem and Fernando de la Rúa, argues that, in terms of economy…
Amidst the rise of the country's risk and the dollar in Argentina, former Minister of Economy Domingo Cavallo considered that Javier Milei's government “at the very least” must immediately remove all restrictions to operate in the foreign exchange market” and announce a program of purchases of reserves by the Treasury and the Central Bank to face the debt of the coming years and let the exchange rate float without any kind of bands.This is not t…
The former Minister of Economy, Domingo Cavallo, insisted that Javier Milei’s government should completely release the dollar’s quote, assume that this measure will generate a currency leap and higher inflation, but said that then in a few months both variables will stabilize. In an extensive analysis published on his personal blog, Cavallo attributed the current problems of the Argentine market to “monetary and exchange management” of the gover…
Less than a month after the October 26 legislative elections, former Minister of Economy Domingo Cavallo warned that, beyond the electoral outcome, Javier Milei’s government will have to face profound reforms to prevent the current foreign exchange and debt crisis from worsening. The economist considers that the executive will not recognize [...] The post Cavallo warns about Milei’s “conejos de la galera” and calls for a structural shift after O…
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