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While the repercussions of the principle according to which the agreement was reached with the International Monetary Fund, deputy Joseph Louis Espert (Avanza Libertad) sued the Government in dialogue with LN+, concrete actions to reduce the fiscal deficit.

This deal is bullshit and a mockery for all Argentines. I’m not saying there isn’t an agreement, because there has to be one. But it’s not charade, but a good one, who thinks about the problems of the people”, he summarized during a passage of the interview.

Furthermore, the liberal economist gave his own recipe for how to reduce the deficit. He pointed to the “gnocchi”, the Nation’s assistance to provinces such as Formosa and Chaco and suggested the closure of Aerolineas Argentinas, along the same lines that Domingo Cavallo had expressed just a few days ago.

“You cannot lower the deficit only with tariffs. Close airlines [Argentinas]fire the public employees who are gnocchi, reduce the bureaucracy of the country, send less money to the [Gildo] Insfran Y [Jorge] Captainich and let them figure it out on their own if they want to build an empire in their provinces,” he said.

Photo taken on April 5, 2021 at the International Monetary Fund headquarters in Washington.  (AP Photo/Andrew Harnik)
Photo taken on April 5, 2021 at the International Monetary Fund headquarters in Washington. (AP Photo/Andrew Harnik)

The economist pointed out that the country’s deficit amounts to 3.5% of GDP and noted that the government will seek to lower it by 0.7% each year for a period of five years. “There are countries that do this in a single year, but here they take five, among which they will continue to issue money and continue to borrow, “he criticized.

According to Martín Guzmán, what was agreed with the IMF for this year will be a primary red of 2.5% of GDP, which will drop to 1.9% in 2023 and 0.9% in 2024. It is a gradual reduction of the deficit fiscal. Meanwhile, in 2025, it is only expected to reach zero, as explained to the deputy managing director of the International Monetary Fund (IMF), Gita Gopinath.

At the same time, Espert noticed a detail of the agreement. “As if that were not enough, this agreement, and Martín Guzmán said it happily, in addition to being for 44,500 million dollars, takes 5000 million dollars more of foreign debt with the IMF to accumulate reserves. Then, the same government that demonizes the IMF and that crucified the previous government for that very reason, it goes into debt to accumulate reserves”, he emphasized.

On the other hand, he threw harsh criticism of the position adopted by Together for Change who welcomed the rapprochement achieved in the negotiations. “With this statement supporting the principle of agreement, Together it continues to show that it is closer to Kirchnerism than one thinks. This agreement should be scrapped from now on, because now that the memorandum is not done, we have time to change it. The statement should have been harsh”, he considered.

Espert also responded to Vice President Cristina Kirchner, who had criticized liberalism during a recent conference in Honduras, where he participated in the presidential inauguration of Xiomara Castro. “Some currents have emerged, in some countries, that are called libertarians and that want to suppress the State directly,” the former president had complained.

“Cristina is not lying, but she is a liar. He lies when he says that liberalism is a kind of plague that starves the people. I remind the lady that the generation of 80 caused a miracle that transformed Argentina into one of the richest countries in the world”.

“Not only is he lying when he speaks ill of liberalism, but he is lying when he speaks well of the gigantic Argentine state. In Argentina we have a huge state and health is a disaster, as well as security, and public education is destroyed, “he said.

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