Melconian: "There is no possibility that the problems of Argentina can be solved by a single man"

[Inkriql]

The economist Carlos Melconian described the Argentine economic situation as "fragile" and said that only one person cannot solve the country's problems. "There is no possibility that Argentina will solve its problems with just one man, neither economically nor politically," said the analyst in radio statements, when asked about what he thought the next government should do from from December.

After reiterating that he maintains a relationship of trust with the candidate for president by the Front of All, Alberto Fernández, Melconian said, however, that he does not know what the orientation of the economic plan will be, if the result of the results is repeated. STEP and Fernández is the new president. "The presidents have their own privacy and their intimate team of collaborators with whom they toured life. I am not in that nucleus," said the economist.

Even so, he remarked that there are certain definitions that should be taken by those who occupy power, whether progressive or liberal, such as the conviction that there can be no fiscal deficit. "I do not believe that economic policy has to be only fiscal. But in all the presidential transitions since democracy there has been a huge problem of fiscal deficit, and almost always the magic solution was issuing or taking debt. Both things show that they have limits "he said. He added: "The Argentine society as a whole should demand, as in the rest of the world, that there be no more fiscal deficit. This cannot be patrimony only of an orthodox vision."

On the relationship with the IMF, Melconian said that "although it is not formally, it is cut." According to him, the central reason is the disbursement of USD 5.4 billion, which is still in doubt, but "in the agreement with the agency there was neither the exchange control nor the debt re-inflation".

"I'm not going to call that a kick of the board because whoever wins in October will have to meet in January with the Fund, but it doesn't make much sense the rigidity of the flintstones plan. It was already incontinuable, and now it has lost rigor, because of the controls , but also because the fiscal goals of the fourth quarter will not be met, "he said.

The economist remarked that whoever receives the country in December will find a "fragile" economy, due to a combination between the macroeconomic weakness that was already registered before the PASO and what happened after the election tied to the uncertainty about the course that the next one will take. government.