Axel Kicillof does not marry Massa: “I would not do everything the same” as him if he were Minister of Economy

The Buenos Aires governor Axel Kicillofthought that the Minister of Economy, sergio masa“is working well in a very difficult context”, although “I would not do everything the same” if I would occupy his role. Support for the media.

“I think it is working well in a very difficult, international, national context. That is why I say, one expected the pandemic to end and peace would come. Instead of peace came war. I would not do everything the same as Massa, but I am not the Minister of Economy“said the Buenos Aires president.

Axel Kicillof in Pinamar. PHOTO: Pablo Cuartorolo

What does Kicillof think of Massa’s management?

Kicillof also expressed his opinion of the repurchase of debt operated by the National Government in the last hours “denotes the situation we are in and that we must have a very precise and permanent management of liabilities”.

“The first thing is that this denotes the situation we are in, which is that the macrismo left us an unpayable debt. Two large actions were carried out on that debt, one was the codification of the debt with private parties and a second was a negotiation with the IMF. In both cases they were unpayable,” he said in an interview with The nation.

Axel Kicillof Pinamar g_20220119
Axel Kicillof in Pinamar. PHOTO: Pablo Cuartorolo

Whoever was Minister of Economy during the administration of Cristina Kirchner, also gave the go-ahead to Massa’s administration in terms of the inflationary process.

In this sense, he said that the current minister received “a huge inflationary acceleration of 7.5% and what is happening is that he is accommodating those numbers, which are still very high (as he himself said) but are improving.”

Axel Kicillof Pinamar g_20220119
Axel Kicillof. PHOTO: Pablo Cuartorolo

“There is a battery of policies. I heard several, if not almost all, of the opposition’s economic referents say that we were going to a hyper this past year. And the truth is that no consultant spoke of inflation of less than 100 percent cent,” he stressed.

However, although he admitted that the inflation inherited from the government of Mauricio Macri and the pandemic influenced the growth of prices, he noted that this situation “does not fully justify or explain” the current figures.

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