The currency run that began on April 14, the day inflation for March was announced, and which lasted for ten days, taking the blue dollar from 400 to almost 500 pesos, was one of the strongest blows the government received in recent months. It was a devaluation that had a peak close to 25 percent in the illegal market of the caves. in the market of MEP dollarthe dollar without a ceiling that anyone who has an account in a stock exchange can buy, that devaluation was 14 percent in the same period of time.
This concern is a problem for those who only manage pesos and who, in addition to suffering inflation, are also hit by devaluation, which over time ends up affecting their purchasing power. But not everyone has the same problem. In the Government there are officials who are sheltered in dollars and protected against them devaluing blows. Although the US currency also has inflation – today it is at 5% yoy – it is not the same as Argentina’s 104% yoy.
Who are the government officials with the most savings in dollars? The gap between the first and the second is abysmal and after the third it begins to shrink.
ranking
The wealthiest is maximum kirchner, which according to his last sworn statement, as of December 31, 2021, has about 2.8 million dollars, an equivalent to 1,327 million pesos if the exchange rate of the blue dollar on May 2 is taken, which was 474 pesos. Máximo K has this amount of dollars because he inherited them from his mother Cristina, who parted with all the green bills she had in his possession.
Today CFK’s affidavit does not even record the houses where he lives in Buenos Aires or El Calafate, because everything passed via succession and inheritance to his children. The next official on the list is the current presidential candidate Daniel Scioli, which has 821 thousand dollars, 30 thousand euros and 44 thousand reais. It is the most diversified of all.
He is followed by the president of the Central Bank, Miguel Pesce, the custodian of the country’s dollars, who declared that he had savings of $250,000. In fourth place is Carlos Castagneto, the head of the AFIP, and in charge of collecting pesos. His affidavit lists about $174,000. The same number that Tristán Bauer, the Minister of Culture, has.
The Minister of Health, Carla Vizzotti, It has 133,000 dollars and is the last in the ranking to declare green savings above 100,000. From here on, everyone is below that line. Defense Minister Jorge Taiana declares 95 thousand dollars.
ministers
The Minister of Security, Hannibal Fernandezhas almost 90 thousand dollars and here is a particularity: in 2012, in a speech at the Casa Rosada, Cristina Kirchner had said that she was going to pesify her dollars and put them in a fixed term, in response to a criticism made by the conductor Victor Hugo Morales.
He also immediately called on his then ministers to do the same. “You, Aníbal, are first in line and with a bonnet,” he told her between laughs. In those years, Fernández was a national senator for the province of Buenos Aires. Aníbal never paid attention to the “recommendation” of Cristina Kirchner. I would have lost a lot of money.
The top ten is completed by Santiago Maggiotti, the former mayor of Navarro who is now Minister of Territorial Development and Habitat, with $82,000, and the Minister of Public Works Gabriel Katopodis with 76 thousand. Already outside the top ten and below 50 thousand dollars, the list is completed with the Minister of the Environment, Juan Cabandié, with 45 thousand; that of Education, Jaime Perczyk, with 39 thousand; that of Transport, Diego Giuliano, with 29 thousand; Science, Daniel Filmus, with 26,000; the interior one, Eduardo “Wado” DePedro, with just 14 thousand; The chancellor santiago cafiero with just over 10 thousand; and the head of the AFI, Ana Clara Alberdi, with just 6,500.
A particularity of the affidavit of the owner of the spies is that she does not register properties and instead has a diversified investment portfolio in pesos in Merval shares. At 38 years old, she is an exponent of the millennial drama: young people with university studies, high income, but without access to mortgage credit.
Finally, the Minister of Justice, Martin Soria, He only declared $500. When he was a deputy he declared more money: 800. Two curiosities that emerged from the analysis of the sworn statements of the officials are that Sergio Massa and Alberto Fernandez They don’t have dollars. The rest is covered by devaluation.
