Sector Público (ingles)
The primary source of pressure on the official dollar is the excess of money printing. Therefore, the government decided to stop the issuance by switching to debt financing temporarily. This is an effective strategy for the short term. However, to avoid a costly devaluation, a comprehensive State reform is needed. (more…)
MOREReviving the economy boosting domestic consumption is inconsistent with the strategy of preserving the few dollars available. As soon as wages rise, imports will increase, and the dollars will vanish. Solving this puzzle requires a more favorable environment for exports.
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