Ex-minister Lavagna: '3 years to leave dollar trap’

Former economy minister Roberto Lavagna said yesterday it would “take at least three years to get out of the dollar trap” and explained that “the lack of continuity in state policies” has consequences such as those generated by the Judge Thomas Griesa ruling, which allowed so-called “vulture funds” to issue complaints over US$1.33 billion.

In an interview with El Tribuno, Lavagna also said 2012 would end with “an economy that practically hasn‘t grown, which has an important rate of inflation, a significant fiscal deficit, money exchange controls, a low investment rate and a scare figure of employment creation.”

Herald with DyN