Batakis has given the first signs of how it intends to rebalance the deficit

“I believe in fiscal balance and we need to move in that direction.” The new minister of economy, Silvina Batakis, left a trail of definitions during a television interview, the first as head of the Palacio de Hacienda. There he expressed that his management will move towards a “budget balance” scheme as part of the continuity of the economic program outlined by President Alberto Fernández and a federal perspective that allows for growth in employment, exports, foreign exchange income. and the revaluation of the local currency.

The minister reiterated that “fiscal balance is needed, the state must not accumulate a surplus but we must provide quality services. During the pandemic, the state was present, paying wages and assisting the most needy sectors, and an accumulated deficit. But you can’t live in permanent deficit. “

And one tool to mitigate this deficit is. When it comes to unexpected income, Batakis pointed this out “It is not only a collection tool but also a fair one because it allows you to redistribute income”.

In this sense, he recognized that the project to tax the The “windfall” was designed to increase the tax burden on the agricultural sector.

“It is absolutely right that when there is an unexpected income that comes from the (Russian-Ukrainian) war. and not for an effort that is made personally by a worker in the sector, but because it is a completely new situation and if only because there is a war there will be more profit, it is right that it contributes “, he indicated in reference to the project designed by former minister Martín Guzmán who is in Congress waiting to be addressed.

“It is a tool that manages to generate a redistribution of resources that is good for us all. Sometimes we think that we want to take resources from those above to give them to those below and not: this is how all Argentines are better off ”, Batakis said last night in front of Gato Sylvestre, on C5N.

The Minister of Economy has expressed the three axes that will make up his policies: “Tax solvency, continuity of the economic program and increase in employment and exports”. He also said that this Tuesday he will communicate with the IMF to analyze “the progress of the agreement”.

“I believe in fiscal balance and we must move in that direction,” said the minister a few minutes after the President swore her in the White Room of the Government House, in a ceremony attended by governors, national and provincial officials, trade unions. and business representatives.

The new minister also raised the need to “free all productive forces to get more jobs and exports”, thanking the support of Vice President Cristina Fernández de Kirchner, governors, ministers, Productive Development, Daniel Scioli, – of which was minister of the province of Buenos Aires-, and of the Interior, Wado de Pedro, with whom he worked until his appointment as head of the Palacio de Hacienda.

During the interview released for the cable channel C5N, the new head of the Palacio de Hacienda anticipated that this Tuesday he will communicate “with the technicians of the International Monetary Fund (IMF) to analyze the situation and the progress of the agreement”.

On the other hand, Batakis pointed this out he feels “very comfortable with the official exchange rate. The blue market is a very marginal market but the country risk is in the collective consciousness. Major operations are carried out at the official exchange rate with which I feel comfortable and it is a balanced exchange “.

Furthermore, he said they “monitor and will see hour by hour” what they will do. “In these days we will have some answers. I hope you know me and there must be that back and forth between all the actors of the economy, the entrepreneurs, the trade unionists, and not just the market “insured.

Batakis highlighted this “Inflation is something that is eating the life of the Argentines, inflation does not allow a decision to be made and does not allow the state or companies to plan. We have our own causes of inflation. We will fight this battle for the benefit of the people. Inflation has many causes, we have high inflation with very strong and sustained inertia and we must deal with all the instruments and if in the medium term we can converge towards a fiscal order, it will be essential to stop the rise in inflation “.

Finally, he concluded: “Price agreements are very important, but we want entrepreneurs to be able to plan their supply chain, to know what the exchange needs are, both for imports and for dollar remittances. The Caring Prices program can be improved, but that’s not the only thing we can do. “

YN