- According to Melkonian, the government must prioritize a “yes” or “yes” in 2026: “We must take advantage of this opportunity.”
economist Carlos Melkonian Assessing Argentina’s economic situation, The idea of moving towards dollarizationOne of the campaign promises. Javier Millay Additionally, he shared the following views: What do you think the government’s priorities should be for 2026?.
In a dialogue by Radio Rivadaviathe former president of Bank of Nations categorically denied this. dollarization scheme In the short term, it can be considered that “The chance of orderly dollarization in Argentina is minus 10.”.
Melkonian argued that The president’s real success lies in restoring the peso, not dollarization..
“Unless they tell me that the United States wants Latin America to be part of the European Union, we have no choice but to proceed with unregulated dollarization,” he explained.
According to Melkonian, the government must prioritize a “yes” or “yes” in 2026: “We must take advantage of this opportunity.”
For the economist, Argentina “has the means” to stabilize its economy with its own currency. Along these lines, he mentioned that What are the government’s priorities for next year?.
The government will have to do so next year, according to former officials.seek a balance between inflation rate and activity level.” “We have to proceed without shame. It doesn’t say we have to have annual inflation in single digits by 2026. And that’s not possible when three-quarters of the country is underwater.”
On the other hand, it relativized the importance of reforms in the economic field promoted by the government. labor, pensions, taxes, And he believed that “none of this is a substitute for reshaping macroeconomic policy.”
“There is no substitute for restructuring macroeconomic policy in terms of labor, pensions, and taxes. There is no substitute for accumulating reserves, competitiveness, reopening credit and monetizing the economy. All these events are not related to structural reforms,” he stressed.
He pointed out that “structural reforms are very useful and favorable to the growth process that has already begun, but not the other way around. They are not in themselves factors that cause growth.” The growth driver is the stability program,” he asserted.
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