Silver Sea-. Capital Fund Economist and former President of the Central Bank of the Republic of Argentina (BCRA). Martin Redrado noted that there is an agreement between the government and the International Monetary Fund (IMF) on the possible postponement of Argentina’s problems.

In his closing remarks at the A Todo Trigo 2022 Congress in this city, Redrado assured: “There is an alliance between the ruling coalition and the International Monetary Fund to advance the problems. Deputy International Monetary Fund (Ilan Goldfine) He told me that a pragmatic agreement with Argentina was needed because today they could not see the conditions. Had to postpone Long-term talk on the country’s central problems in 2023.

In this context, he noted that the agreement is “realistic, pragmatic and very sui generis”, that for three years, Presents an uncertain scenario for the future. “We have A tolerant fund that does not want to have any additional problems in this international context. It is no coincidence that Argentine bonds do not respond. Noted.

Given this scenario of procrastination, the economist explained: “When a person wants to come up with an economic program that is sustainable over time and tries to get out of this electrocardiogram, which is the economy of Argentina, It is necessary for economic and social policy to have a comprehensive vision. “

“Comprehensive means those who are responsible for economic policy Consider all variables. Economics is a social science and we need credit and tariff incentives to produce more.Described.

In this regard, he expressed that in Argentina, for the last ten years, there has been a debate between those who say that the economy is consumption and that the economy is an investment: “It’s a lack of comprehensive vision that has left us stagnant. We need a comprehensive and inclusive vision. Economists call it general equilibrium and not partial equilibrium.

In a difficult international context, he said he was confident of that Argentina has a great opportunity, but will need to agree on how to restore credibility and, in his view, It recovers history by examining the factors that enabled the three stabilization programs to be fully or partially successful.

“I mean stabilization plans with Alfonsin, Menem and Duhalde and Kirchner. What qualities did it have? There was a comprehensive plan: Productive, fiscal, monetary, credit, tax, which had the same North, the same horizon. There was a consistent economic team and there were laws guaranteed by a majority in Congress. Congress has endorsed these laws and a sense of predictability. “This is what is needed at the moment: a comprehensive plan, a solvent team and a congress,” he added.

With this line, he persuaded that for As Argentina grows, a stabilization and growth plan is needed, with a package of five laws: “It’s the first Limit central bank emissions A second law is needed in the middle Macroeconomic stabilization In order to de-index all variables of public spending, it is necessary to reduce policy spending in view of the regional growth of the country. There is another law Simplify and reduce the tax scale, Because Argentina needs less taxes from less Argentines. We should not have more than five or six taxes at the municipal, provincial and national levels. “

“The fourth law is zero detention to increase export volumes And that from year to year, the growth of any productive activity pays zero: that’s the way it is. “Fifth, the law is for infrastructure that facilitates and integrates the country’s transport, which will be funded by multilateral organizations,” he added.

In particular, and taking into account the increase in costs in the field, One of the proposals of the former official for the agricultural sector Is to reduce and temporarily abolish the tariff on fertilizers, Generate production expansion.

Argentina is under the cloud, but behind it are opportunities, but losing them. The field could fly. When asked where to invest in Argentina, I tell them the entire agricultural sector is the best positioned. Stressed

finally, He noted that he has no aspirations to be the Minister of Economy of this government, but is in the process of submitting ideas. “First of all Argentina, we have to put aside our egos.”