Overview

• Redrado warned that Argentina has missed its window to accumulate foreign reserves, leaving the central bank exposed as the country heads into the electoral period.
• He flagged a shift into a period of currency volatility and urged allowing the exchange rate to be determined by supply and demand.
• The former central bank president praised the end of direct public sector financing but said lasting credibility requires a clear, predictable monetary framework.
• He called for deep pension system reform to address an unsustainable ratio of one active worker to two retirees and to bring wage increases in line with inflation.
• His policy agenda includes cutting labor taxes to formalize small businesses and driving a federal infrastructure push to empower provinces and support growth.