Javier Milei, an economist at Fiel, has been more cautious in his approach to getting out of the stocks. While he promised to do so quickly, he has not followed through on that promise. This has left many entrepreneurs and CEOs wondering when the restrictions will be lifted. They are eager to have more flexibility in buying dollars for imports and conducting business without the constraints of the current regulations.
In contrast, Daniel Artana, an economist at Fiel, once explained what Mauricio Macri did in December 2015 by stating that he got out of the stocks the day the newspapers reported that he did. Macri announced at a press conference, through Alfonso Prat-Gay, that he was leaving behind regulations and norms, allowing people to buy foreign currency the next day. This move was significant as it signaled a departure from the restrictions put in place during the time of Néstor Kirchner. It set the tone for Macri’s economic policies and was well-received by the public.
The decision to release from the stocks is a delicate balancing act that requires careful consideration of various economic factors. While there is pressure from businesses and the public to ease the restrictions, it is essential to proceed with caution to avoid any unintended consequences. The government must weigh the benefits of increased flexibility against the risks of destabilizing the economy before taking any decisive action.
Economists have highlighted several studies supporting a gradual release from