Architect of Argentine Convertibility criticizes BCRA reform and RIGI framework

Horacio Liendo, a key figure in Argentina's 1990s economic policy, criticized the current administration's central bank reforms as overly cautious and labeled the RIGI investment incentive program as a new form of institutionalized privilege. He argued that the lack of full currency liberalization fosters corruption and that current policies disproportionately harm small and medium-sized enterprises.