This Monday the head of the Palacio de Hacienda, Martín Guzmán, referred to the public debt market in pesos after the fall of CER bonds that forced the Central Bank to intervene in the market. In radio statements, the economy minister affirmed that the public debt “is absolutely sustainable” and dismissed the versions of a possible “reprofiling” of its maturities.

“That someone can come and redefine the debt in pesos is not credible,” said the minister, stressing the importance of reducing the fiscal deficit, which is why he maintained that “the financial capacity of Argentina cannot be compared with that of the United States. United” to deal with imbalances.

In statements to Radio con Vos, Guzmán once again highlighted “the need to accumulate more international reserves,” and recalled that, historically, in Argentina “when dollars were lacking, there was inflation.”

“The Central Bank has given a very clear message in this regard in recent days. It has said that we will do everything that needs to be done to ensure that public securities in pesos are a safe instrument. Actions are being carried out to strengthen the market of public debt in pesos. he added he.

“What ends up defining the capacity to grow is the amount of foreign currency available,” added the official, in addition to highlighting the recent statement from the International Monetary Fund (IMF), which states that “the public debt in pesos is a pillar of the 30-month program.