The government spokeswoman, Gabriela Cerruti, explained this Friday the restriction imposed by the Central Bank’s board of directors to buy trips abroad in installments at a press conference held untimely at Casa Rosada.
“Everyone travels and will be able to travel for pleasure, for leisure, for medical reasons or whatever. Obviously, when they cannot pay for that ticket in one installment, they will be able to pay it by financing it with the different plans that credit cards have, which have a fairly low rate, or with personal credits, ”assured Cerruti.
The official said that the measure that was adopted is “punctual, momentary” and that it is something “that has to do with this process of growth, economic reactivation in which we are very strong, with reactivation of consumption, domestic tourism, SMEs, of economic activity ”. And he added that “it is a process that we have to take care of, that we have to protect, and that takes place within the framework of emerging from the economic crisis of the 4 years of macrismo, of the two of the pandemic and of being in negotiations to take charge of being able to resolve the foreign debt taken during the government of Mauricio Macri ”.
The measure imposed by the BCRA implies that the agencies will not be able to sell tickets and tourist services abroad in installments. The solution recommended by the national government spokesperson increases the costs of organizing a trip outside the country by between 50 and 100 percent per year, according to the plans currently in force.
A survey carried out this morning by Infobae shows that private banks offer personal loans with rates between 75 and 100 percent. And in the case of credit cards, Visa Plan V allows customers to finance the balance with an effective annual rate of 52.58 percent.
“We have to overcome this obstacle. It is a momentary disposition – he insisted – that we hope will help us to overcome this obstacle and to finish directing a negotiation with the International Monetary Fund that implies a macroeconomic situation and a financial situation of which we have to take charge ”, explained Cerruti.
He avoided giving details on how long this measure will be in force and highlighted, in line with the words of a few days ago by the Minister of Economy, Martín Guzmán, that “the Central Bank’s reserves are robust” and that the country’s highest financial institution will go ” monitoring the macroeconomic situation ”.
He asked “the opposition politicians not to create fear, not instill terror in it, that we are not going to be able to travel, when traveling is one of our illusions and our dreams. We are going to continue traveling and we will do it in different ways. Some will pay it in installments, others by financing their card, others will wait a few months as we have had to wait so many times for situations to be solved in our lives ”.
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