Buenos Aires, Dec 10 (NA) – The Chief of Cabinet, Manuel Adorni, today ratified the national government's refusal to authorize increased borrowing for the Province of Buenos Aires. "We remind the Governor of the Province of Buenos Aires that without a deficit, there is no new debt," Adorni said in response to a question during today's press conference to review the government's management for the year. The official highlighted achievements such as the elimination of the foreign exchange 'clamp', a decrease in the poverty index, a reduction in consolidated public debt, a drop in the country risk, lower inflation, and the country's return to the capital markets. "The foreign exchange clamp no longer exists as of April 2025, an expropriatory aberration that should never have existed, which the Kirchnerist Argentina tried to sell us as a definitive solution. Just like the soy dollar, the Coldplay dollar, the Qatar dollar, and other delusions of Argentine populism," Adorni emphasized. Adorni noted that thanks to the government's policies, "as a consequence of economic order and, mainly, the drop in inflation, poverty went from 52.9% to 31.6% according to INDEC," an agency that he stressed "maintains the same head as in the previous government." "Consolidated public debt decreased by 50,000 million dollars, which makes this government the first in decades to de-country the country, so there is no new debt," he detailed. Furthermore, he underlined that the Country Risk "today stands at around 634 basis points and Argentina returned to the capital markets," which he considered "an important milestone on the way to a normal economy." "We are very clear about where we want to go, and Argentine society too. There is not much to talk about, because there are no signs of goodwill," he said. "There are governors who are not in line with what the people are asking of us," he expressed and added as an example that there is no support "when we ask them to adhere to certain laws, such as the Anti-Mafia Law or any other." When asked again by the press about the possibility of a future meeting with Kicillof, Adorni clarified that the Executive Branch is evaluating "the agenda of each governor" and added: "we do not share an agenda with Kicillof." "That meeting (with Kicillof) makes no sense, at some point it might happen, the truth is we don't know, but it is not on the agenda today," he concluded.
