For analysts, the appointment of Batakis does not dispel the uncertainty

Between uncertainty and expectation, the appointment of Silvia Batakis as Minister of the Economy of the Nation has aroused concern among economic analysts, who are waiting to hear about her first measures and the presentation of her team.

“I underline the decision of President Alberto Fernández to summon Dr. Silvia Batakis as Minister of the Economy of the Nation. You are a person of great human quality and extensive professional training. A tireless worker with a great sense of responsibility and exceptional experience, ”tweeted the Minister of Productive Development, Daniel Scioli, who had Batakis as the Minister of Economy during his tenure as governor of the province of Buenos Aires.

For Sebastián Menescaldi, of the EcoGo consulting firm, “Batakis has experience, but the challenge is enormous. The political discussion is not over. Batakis belongs to Cristina and Alberto entrusts her with the ministry. You have to see what decisions you make. If you respect Cristina’s ideas, it may be that it complicates expectations for the future“.

I doubt that Batakis’ appointment will be successful, his team is not even knownor. The first reaction will be negative from the market, even if the low volumes due to the US vacation on July 4th could be deceiving tomorrow, “said Guido Lorenzo, director of the consulting firm LCG.

“In particular, Batakis implies more uncertainty in an economy that was already without a clear direction. We will have to wait for him to pronounce himself to understand a little better what will happen. It gives a feeling of improvisationI don’t think Batakis worked on a national level plan, ”said Lorenzo.

For Aldo Abram, of the Fundación Libertad y Progreso, “it is not so important to analyze the appointment of Batakis, here the problem is economic, which is leading us to a crisis regardless of the Minister of Economy they appoint. If you’re aiming for the cliff by car it doesn’t matter if you switch drivers. Maybe you can gauge whether or not the driver accelerates and how quickly it takes us to a crisis, but this government is earning credit for accelerating to the precipice. “

In a consumer society they remembered having invited Batakis when he was Scioli’s minister. “He was a reasonable person, with whom you could talk. Obviously very close to Scioli. Now we will have to see what his mission is, we know that he is very much in line with Cristina”.

Within the car manufacturers, the first impression was also linked to the fact that the Minister of Economy has a close relationship with the one who is now Minister of Production. “It could be good for the automotive sector if there was good work in tandem between Scioli and the new minister, it would be good for the industry, for production,” said an ADEFA executive.