Argentine government says it won39t intervene in prices even as

Argentine government says it won't intervene in prices even as inflation rises

Argentine presidential spokesman Manuel Adorni confirmed on Friday 5 that the government will not intervene to control prices in the country, despite the high inflation. In his daily press conference, the representative stated that “we will not intervene in prices” when asked by a journalist about the increase in the price of meat, admitting that Argentina is undergoing “an inflationary process.”

Ardoni also explained that the agreements reached in the country are “free between the parties.” “Inflation hits those who have less,” he commented, assuring that “the government is using all the tools at its disposal to take care of the most vulnerable.”

Ardoni also said that “in the critical situation in Argentina, we will pay more attention to minors, especially those who have the greatest needs.”

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The spokesman explained that food is one of the issues that concerns the new government, but the increase in prices is of a general nature. “We are trying to eliminate inflation because we consider it one of the biggest dramas in Argentina,” he said.

For this reason, Ardoni emphasized the importance of the budget deficit and the reduction of public finances, issues that he believes are important for the “fight against inflation”.