The former president of the Central Bank Mercedes Marcó del Pont acknowledged the excesses of the monetary policy applied during the Kirchnerist governments and timidly admitted that "they may have" exceeded the issuance of pesos, one of the main mechanisms used for years to finance public spending.
During an interview on the streaming of El Cronista, the economist stated that “monetary issuance, under certain circumstances, must have limits” and, when asked about the management during the governments she was part of, she ultimately recognized: “It may be that they went overboard”.
These statements are particularly striking given Marcó del Pont's role within the Kirchnerist economic scheme. The economist presided over the Central Bank from 2010 to 2013, during the second presidency of the convicted Cristina Kirchner, and was one of the protagonists of the reform of the Organic Charter of the entity approved in 2012.
Marcó del Pont also surprised with her hypocrisy by questioning the management of state resources. “I am critical of the management of spending; we need to review what the spending priorities are”, she stated. Additionally, she maintained that “we need to converge towards fiscal balance”, although she immediately sought to differentiate her proposal from the program implemented by the administration of Javier Milei by adding: “but not like this Government does”.
