January 19, 2018

‘Neither future nor present is at stake for country,’ says minister

Tuesday, June 3, 2014

Kicillof: no debt burden for next gov’t

Economy Minister Axel Kicillof yesterday hit out at those who contended that the burden of repaying the Paris Club US$9.7 billion, as agreed last week, will be passed onto the next government, upholding that “neither Argentina’s future nor its present is at risk.”

“We are full of pride, gratitude and hope that Argentina might have the capacity to face the world in order to fulfill its commitments, but doing so without putting its future or present at risk,” the minister said to Radio Provincia.

The official said last week’s marathon meeting with representatives from the Paris Club group of creditor nations was arduous, “because it’s easier to subordinate (the country) to international financial interests; it’s far easier to lower our flags, (back down from) our principles (and) undermine our future to reach an agreement quicker.”

“If we had paid this debt all together, then we would have left a catastrophe for the next government (to deal with),” Kicillof emphasized speaking to Buenos Aires province Lieutenant-Governor Gabriel Mariotto on his Monday radio show.

He also slammed the “doomsayers who always want to sow chaos, because they win with devaluations, they win when things go poorly for the majority of Argentines, and that’s why they know they have to keep attempting to ruin the country as they have done so many times.”

Giving his two cents, Mariotto opined the government arranged for the payment of “a debt that was contracted by those who now criticize” the federal administration, summing up payment as parallel to “having political sovereignty.”

The majority of the country’s political parties, including the Radical Party and the PRO, celebrated the news of a payment plan, however.

Herrald with Télam

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