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Montevideo, November 19th 2018 - 17:50 UTC

Macri admits the seriousness of the situation and Dujovne is off to meet with IMF

Monday, September 3rd 2018 - 19:17 UTC
Full article 6 comments

President Mauricio Macri unveiled plans on Monday to raise export taxes on grains and slash the number of government ministries in a bid to balance its budget next year, as Argentina seeks a deal with the IMF to accelerate a US$ 50 billion standby loan program. Read full article

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  • Enrique Massot

    More B.S. from a gang of thieves who in less than three years have plundered the Argentine economy for the benefit of families, friends and associates.

    Economy minister Nicolas Dujovne has announced a brutal economic adjustment to reduce the fiscal deficit to zero. If they believe the government can accomplish that in spite of the social costs, they could have implemented this and the other measures two years and nine months ago, at the start of Macri's term.

    The CEOs that make the bulk of Macri's team may know lots about the bottom line for their companies -- a different thing is understanding how to run a country.

    A hard lesson for Argentine electors.

    Sep 04th, 2018 - 04:09 am - Link - Report abuse -1
  • Zaphod Beeblebrox

    Reekie “Macri is messing up the economy”
    Reekie “Macri is messing up the economy”
    Reekie “Macri is messing up the economy”
    Reekie “Macri is messing up the economy”
    Reekie “Macri is messing up the economy”
    Macri “I've messed up the economy”
    Reekie “Macri is talking BS”

    Make your mind up, Reekio!

    Sep 04th, 2018 - 05:17 pm - Link - Report abuse +1
  • Enrique Massot

    Zaphod:

    Instead of smartassing: why don't you tell MP readers what was wrong with your most recent analysis?

    Just a few days ago you were arguing that the Macri government wasn't doing too bad and even sought numbers from Focus Economics to support your position.

    Don't get me wrong: I do appreciate you having the fortitude of posting, even amid a flurry of bad news for your free-market champion. Others, some very aggressive, have just vanished, with some sporadic comebacks when MP reports the latest judicial citation to Cristina.

    Live and learn.

    Sep 04th, 2018 - 06:47 pm - Link - Report abuse -2
  • Zaphod Beeblebrox

    Reekio,

    “Instead of smartassing: why don't you tell MP readers what was wrong with your most recent analysis?”

    My analysis was correct with the data I used.

    “Just a few days ago you were arguing that the Macri government wasn't doing too bad and even sought numbers from Focus Economics to support your position.”

    Yes, I said that in my opinion (not being an economist) the data provided indicated a weak recovery. But I did also say that things had got worse since the data had been published.

    My main point was not to claim that Macri was doing a great job (I believe he has made many mistakes) but to challenge your oft-repeated claim that *everything* is getting worse. The statistics didn't support that claim so I challenged you on it. You have never provided a satisfactory response.

    “Don't get me wrong: I do appreciate you having the fortitude of posting, even amid a flurry of bad news for your free-market champion.”

    He is not my champion, free market or otherwise. I won't defend him when he messes up, but I do feel the need to defend him against false accusations. I'd do the same for anyone.

    Sep 04th, 2018 - 08:28 pm - Link - Report abuse +2
  • Enrique Massot

    @ZB

    “Macri...has made many mistakes.”

    Zaphod...you disappoint me.

    Macri has not made “many mistakes.” He IS a mistake - and a tragic one at that.

    Just in case you haven't noticed: Macri is done. History. He and his gang of highway robbers will remain in office the time the opposition gets together and presents an alternative to stop this massacre.

    I wish you luck in your heroic task of offering “constructive criticism” to this pitiful character.

    Sep 05th, 2018 - 01:32 am - Link - Report abuse -1
  • Zaphod Beeblebrox

    Reekio,

    “I wish you luck in your heroic task of offering “constructive criticism” to this pitiful character.”

    It is maybe a bit harsh to call yourself a pitiful character, but I will do what I can.

    Sep 05th, 2018 - 05:56 pm - Link - Report abuse +1

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