Feb 8 β€’ 05:48 UTC πŸ‡¦πŸ‡· Argentina La Nacion (ES)

From Moreno's Indec to Milei's Indec: the devastating warning from the first displaced

Graciela Bevacqua, former director of prices, critiques the current government's measures, drawing parallels to past institutional failures under Kirchner's administration.

Graciela Bevacqua, who was the director of prices at Indec before being ousted by then-Secretary of Commerce Guillermo Moreno in 2007, has voiced her concerns regarding the measures taken by the current government under Javier Milei. In her exclusive interview with La Nacion, she discussed how Moreno's tenure began a decade of statistical blackout in Argentina, marked by political pressures and manipulation of economic data to mask inflation. She suggests that while there are parallels with the current administration, the severity of the situation is not as pronounced as during the Kirchner era.

Bevacqua reflects on the historical context of her removal from Indec, which she describes as a pivotal moment that contributed to the erosion of Argentina's statistical integrity. The pressures from the Kirchner administration aimed at controlling the narrative around inflation sparked a trend of government interference that undermined institutional credibility. This legacy has left a complicated backdrop against which Milei's government now operates, as it attempts to navigate its fiscal policies amidst persistent economic challenges.

Her warning emphasizes the importance of preserving statistical independence and integrity within government institutions, suggesting that a fragile democracy can be further threatened if past mistakes are repeated. The implications of ignoring such advice could mean a regression into the same cycles of political manipulation that have hindered Argentina’s economic recovery efforts in the past.

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