Video”Can’t let up.” Juan Carlos de Pablo, the economist most cited by Milei, analyzed the President’s speech

The Economist Juan Carlos de Pablo was one of the most mentioned (with repeated praise) by President Javier Milei in his speech at the Libertad Foundation. Today, in an interview with Eduardo Feinmann, on LN+, De Pablo analyzed a part of Milei’s speech but also put the President’s economic measures under the magnifying glass.

When they shared Milei’s phrase in which he said that the economy “It’s going to rise like a diver’s fart”De Pablo explained that the reality is that the first indicators in March show “a more balanced economy. “Yesterday, FIEL distributed the estimate of industrial activity for March, and compared to February, it gives a 1.4% increase, that is important,” De Pablo explained. He then added: “Indec the EMAE (Monthly Economic Activity Estimator) had stagnated, with mining and agriculture at the top and construction and industry at the bottom.”

“What I mean is that the data we are using today is from the past. What is happening today is that the situation is more balanced from the point of view of activity,” said the professional on LN+. “There is less fear than 90 days ago,” he analyzed.

The economist considered that Milei cannot “loosen up” with economic and fiscal policy. “There is no money and we cannot go from ‘there is no money’ to there being ‘some money’. Fortunately, the IMF does not lend money to the Government, and I say fortunately, because otherwise, you know the queue to request that it be set up,” he ironized.

“This is truly phenomenal vertiginousness. And it must be clarified that we have a presidential regime: yes [Milei] “He doesn’t die, they don’t kill him, they don’t impeach him, we have Javier Milei until 2027, enough fantasizing.”

“We have a president who has limitations of deputies, governors, and is aware of the limitations and the tools. There are many things that my colleagues say as if you could choose economic policy for one of fourteen holy reasons. And things are very limited because there is no money,” he stated.

“Hoy, If he loosens his monetary policy, he becomes a lame duck.. Can not. Within that framework, the negotiations are going to be phenomenal (with universities, prepaid companies and other things).”

When asked about the deflation that Milei is excited about, he said he wants to see that. “Deflation is falling prices,” she said. “Today when I go to the supermarket until I get to the checkout I don’t know how much I’m spending,” she said.

Later, he agreed with Milei that the Bases Law and the DNU are not necessary for short-term economic policy. “Not in the long term, because you need the changes to be sustainable,” he indicated.

Regarding whether the fiscal package is necessary, he clarified: “What I want to tell you is that first we see what is approved and then we start to see.”

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“As a responsible and committed actor, our presence at SIAM 2024 underlines our desire to promote environmentally friendly industrial development, supported by our ongoing efforts in terms of social and environmental responsibility, and unwavering support for our agricultural partners ”, indicates the group in a press kit published on the occasion of this show.

This presence is also a testimony to Cosumar’s desire to promote more sustainable agricultural and industrial practices. “We are determined to maintain our leadership and innovate within the agri-food sector by sharing our successes, our challenges and our aspirations with all key players, partners, the media, and the public,” continues the same source.

Thus, the company underlines its determination to work hand in hand with its regional and national partners to meet future challenges and to continue its commitment to local communities, thus contributing to a competitive and sustainable sugar sector.

In this sense, Cosumar continues to deploy its research and development program aimed at the digitalization of its sugar crops, with an emphasis on sustainable agricultural practices and the protection of biodiversity.

Since its founding in 1929, Cosumar has established itself as the spearhead of the Moroccan sugar industry, embodying dynamism, resilience and innovation in the agri-food sector.

The group’s dedication to the sugar sector is manifested through an environmentally friendly value chain, guaranteeing the safety, quality and efficiency of its production.

Cosumar was a pioneer in the field of agro-industry thanks to the signing of aggregation contracts with its farmer partners. This mutually beneficial relationship between the aggregator and farmers makes it possible to optimize production in terms of quality and quantity at the agricultural upstream level.

It also contributes to improving the lives of more than 80,000 partner farmers and their families in 5 regions of the country.

This aggregation model, which sets Cosumar apart, offers efficient financial, technical and social support.

The group has a global processing capacity of five million tonnes of sugar plants and a global production capacity of two million tonnes of white sugar.

Thanks to an investment program of more than 10 billion dirhams, the group has modernized and made several advances in innovation and R&D.

The year 2023 saw Cosumar continue its innovation and growth, with the export of 752,000 tonnes of white sugar to more than 40 countries, a sign of a successful expansion strategy.