Buenos Aires, February 5 (NA) – Amid discussions about the course of economic policy, former Minister Domingo Cavallo today came forward to clarify that his assessments of the government's direction are far from seeking to undermine the measures being implemented. Cavallo made this clarification on his blog after defending former Deputy Minister Joaquín Cottani in the midst of a controversy over the postponement of changes in the price index measurement by INDEC. Cottani had stated that the new formula for measuring INDEC's inflation was ready by June 2024 and should have been applied during the second half of that year. In a note titled 'Intolerance even towards constructive criticism from those who have a vocation to support generates self-inflicted damage,' the former minister guaranteed that Cottani's opinions were made 'in total good faith and in the spirit of constructive criticism.' In contrast, Minister Luis Caputo said that Cottani was seeking to 'discredit the Government.' In this back-and-forth, Cavallo maintained that 'what Cottani says could not be more constructive, because it warns of a risk that could jeopardize the climate of stability.' He even said that the episode could 'repeat an episode like the one that occurred before last year's elections, which, had it not been for the timely intervention of the Trump administration, could have compromised the favorable electoral results for the Government.' In this context, Cottani also sought to reject the idea that Argentina has gone through '100 years of protectionist intervention and fiscal irresponsibility' without attempts at structural reforms, by defending the convertibility plan. 'Those who know our economic history in detail know that what the government says is not true,' Cavallo said in turn.
