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Luis Caputo predicts a “recovery” of the economy for the last quarter of the year

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The Minister of Economy, Luis Caputo, was encouraged to provide a principle of certainty in this regard When Argentina begins to leave the economic crisis behind it. Javier Milei’s official said his portfolio estimates that in the last quarter of 2024 they will begin to “see a recovery.”

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Caputo gave an interview this Wednesday to All the newswhere he argued that based on what the Government has seen “this is how things are improving more than any economist would have predicted.

In this context, he gave his estimate: We already tend to think so “In the last quarter of this year we will start to see a recovery.”

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In the same sense, he hypothesized that the shares in dollars I could cancel “by the end of the year”.

Caputo stressed that the sooner they manage to lower inflation rates, “the faster the recovery will be.” He said in turn that to lower it “we need to be as disciplined as possible in the fiscal deficit and the monetary regime”.

Meanwhile, when asked whether the index of February inflation It will be less than 15%, he replied that they hope so. “For the first semester we will be in single digits“He added.

Source: Clarin

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