Deputy Governor’s Presentation at Fundación Mediterránea

The Deputy Governor of the BCRA, Vladimir Werning, presented “Argentina’s Stabilization Program: Progress in the Disinflation Process and the Turning Point in the Economic Cycle” at a meeting held by Fundación Mediterránea in Córdoba on September 30.

AGENDA

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: Stage 2 (Monetary Market) Preceding Stage 3 (Foreign Exchange Market) Ensures a Transition Avoiding a Crisis à la Argentina

4 | A Significant BCRA's Second Mandate: The Monetary “Fine-Tuning” Preserves the Stability of the Financial System in View of an Abrupt Economic Regime Change

5 | An Encouraging Perspective: Disinflation Progress, Change of the Economic Cycle, Shift of The Banking System Towards the Productive Sector, and High Public Support for The Program

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Download Spanish presentation

October 7, 2024

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