Jose Mujica warned that the exchange rate delay was ruining the country

The former President of the Republic stressed that this is “the largest in the century” and that it needs to be “softened” by the Central Bank of Uruguay.

Jose Mujica once again pointed out the exchange rate lag and its consequences.

Photo: @MPP609

he Former President of the Republic José MujicaAnd he warned that Disbursement delayWhat he described as “the greatest of the century” is “corrupting” the country and that it is necessary to moderate it by measures arranged by Central Bank of Uruguay (BCU).

Within the framework of the visit of the Core Committee to Garcia Lorca Broad front (FA) in Montevideo Last Saturday, the former president confirmed in a press conference that if he was able to “reduce” the number of infections by half Disbursement delay Dairy farmers and other national producers will earn greater income.

“We have a Disbursement delay This is ruining us, we are the biggest in this century, I know if that could be reduced by half Disbursement delay “Dairy farmers will probably get an extra two cents per liter of milk,” the historic leader of the Amblista Front said.

Likewise, he stressed that the exchange rate correction “has a lot to do” with the situation of dairy farmers, as well as the situation of small producers in Uruguay. “Those are the problems we have to engage in, because we can fix this, and we won't fix the world,” he noted.

“I know it's difficult, but if we can cut half the amount Disbursement delay“Which according to BCU is 16 points (percentage), which means you get 16% of the entire labor economy that you export, and if we can halve that, mitigate it, we will make a move.” A potential candidate for a parliamentary position for the Popular Participation Movement in the upcoming 2024 elections.

He concluded: “I know you can't practice magic, (but) these are the problems we have to discuss.” Mujica In this regard, we have asked the government to “try to fight alongside us.”

“22 years of negotiations, take the ball down a little,” Mujica said of the Mercosur-EU agreement.

On the other hand, in reference to a potential free trade agreement between the two countries Mercosur And the European Union (European Union)which practically fell due to the opposition of many member states of the European political community, Mujica He was pessimistic again: “22 years of negotiations, stop, lower the ball a little.”

He noted, “We have already begun again to propose (agreements) with the Chinese and Europeans,” and added: “When the numbers rise, we will express our opinion.”

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