With the presence of Alberto Fernández, Juan Manzur heads the Cabinet meeting.

President Alberto Fernandez joined today for the first time so far this year cabinet meetingin the middle of a delicate economic situation due to the overheating of inflation to its highest level in three decades.

The economy was the focus of the Cabinet meeting, given that in addition to inflation, There is concern in the Government about the inability of the Central Bank to add international reserves at the time of greatest liquidation of foreign currency.

With the presence of Alberto Fernández, Juan Manzur heads the Cabinet meeting.

As this medium learned, the Government evaluates new measures to adjust the exchange rate for imports of consumer goodsgiven that advance purchases abroad were detected to take advantage of the “cheap dollar”.

For the remainder of the year, The Government wants to prioritize the scarce foreign exchange that the Central has left for the importation of energyessential consumer goods and supplies, commented official sources.

He too central bank is evaluating a new rate hikethe sixth of the year, to prevent savers from running from the peso to the dollar, after the rise in prices in recent days.

Daniel Scioli joins the Cabinet meeting after his arrival at the Ministry of Productive Development.  Photo Federico Lopez Claro

Daniel Scioli joins the Cabinet meeting after his arrival at the Ministry of Productive Development. Photo Federico Lopez Claro

On Monday night, the head of that portfolio met at the Ministry of Economy, Martin Guzmanthe president of the Central Bank, Miguel Pesceand the appointed Minister of Productive Development, Daniel Scioli.

The meeting was to coordinate macroeconomic and productive policiesEconomy said in a brief press release. There she advanced in what will be the announcements that, according to official sources, will be made in the coming days.

The plane held in Ezeiza, also in the framework of the discussion

John Manzurwho will head today a new meeting of the Cabinet to analyze the management of the ministers, referred to the situation that is being experienced with the plane retained in Ezeiza.

“In each of the corresponding areas The ministers have already spoken, they explained absolutely everything in great detail. Today it is in the hands of Justice, so let the court investigate”. In this framework, the coordinating minister added: “All the corresponding areas of the State have taken part and today the justice system is intervening.”

What the officials said before entering the meeting

the chief of staff, John Manzurspoke upon entering the Casa Rosada and made reference to the topic of the moment: inflation. She said that it is verified”a downward trend” in the registers of the movement of prices in the domestic economy.

Inflation is a global problem and there is a decreasing trend here. It is an issue that will not be resolved overnight. It is a process, the important thing is that there is a downward trend”, insisted Manzur.

Regarding the lack of diesel in some provinces, the official announced that “today the Government will surely make a series of decisions and definitions” and assured that the importation of this fuel has increased in recent days with the purpose of compensating for those shortages that are verified in some regions of the country.

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