Lacunza graded the labor reform and warned about the dollar and the controversy regarding Indec
Hernán Lacunza, former Minister of Economy in Argentina, supported the recent labor reform while expressing concerns about inflation and the dollar exchange rate.
Hernán Lacunza, who served as Argentina's Minister of Economy under President Mauricio Macri, has voiced support for the recent labor reform that received preliminary approval in the Senate under President Javier Milei's administration. Lacunza argues that while the reform is a step in the right direction, sustainable job growth hinges on increasing economic activity and investment. He believes the current labor legislation is outdated and requires modernization to better support the evolving job market.
However, Lacunza also raised alarms about the stability of the Argentine peso in light of rising inflation rates, emphasizing the urgency for effective economic policies to stabilize the currency. His remarks draw attention to the broader economic challenges facing Argentina, particularly the need to address the high inflation that has plagued the country's economy and negatively impacted purchasing power and investor confidence.
Moreover, Lacunza discussed the ongoing controversy surrounding the National Institute of Statistics and Censuses (Indec), stressing that accurate and reliable economic data is essential for formulating sound economic policies. The tension between the government’s proposed reforms and the existing economic conditions reflects a critical juncture for Argentina as it navigates its path towards recovery and stability amidst significant challenges.