Garay Méndez en RDEco: “Cada dólar destinado a una corrida cambiaria es un dólar menos para el programa financiero”

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Lucio Garay Méndez, in a discussion with other economists, stated that every dollar allocated to a currency corridor is one dollar less for the financial program, emphasizing that the availability of dollars and upcoming debt maturities condition the possibility of easing exchange rate restrictions. He warned that moving too fast without resolving underlying imbalances poses a risk, stressing the need to accumulate reserves and improve fiscal accounts to restore confidence in the local currency.

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