Presentation by the Deputy Governor at the 45th IAEF Congress
The Deputy Governor of the BCRA, Vladimir Werning, has presented “Argentina’s Stabilization Program: Progress in the Disinflation Process and the Turning Point in the Economic Cycle” at the 45th Annual Congress organized by the Argentine Institute of Finance Executives (Instituto Argentino de Ejecutivos en Finanzas, IAEF) and held in Mendoza on September 5, 2024.
PROGRAM
1 | An uncomfortable truth: Settling accounts after two decades of using the BCRA as a fiscal repository
2 | A consistent solution: The four cornerstones that rebuild macroeconomic stability
3 | A necessary sequence: The three stages leading to general equilibrium without facing a crisis the Argentine way
4 | A secondary mandate: The “fine-tuning” aimed at preserving the stability of the financial system in view of an abrupt regime change
5 | An encouraging perspective: Progress made in disinflation, change of the economic cycle, shift of the banking system towards the productive sector, and high public support for the program
September 6, 2024
