“We believe that there is no room to lower taxes, but neither to raise them,” Murchison said., in a talk in which Ámbito participated. In this sense, the businessman considered that projects such as the unexpected income “does not favor” the investment of companies. The businessman stated that “Argentina’s main problem is the 37% level of poverty” and that in order to reverse the situation “genuine quality employment must be generated”.
And pointed out that “With an investment rate of less than 21% per year we are eating up capital.” The views of the IDEA president are in tune with recent critical demonstrations about the tax project promoted by the governmentamong which are the Argentine Business Association (AEA) and the Argentine Industrial Union (UIA).
Murchison asserted, on the other hand, that businessmen analyze the long term when defining a path for investments and, in that sense, they have a optimistic view of the country.
The meeting organized by IDEA in Neuquén analyzes, precisely, the path that the country and companies have to travel for an orderly energy transition, a process in which Argentina has an advantage due to the large amount of gas available, as in the case of the deposit of Dead Cow.
About, He pointed out that the construction of the Néstor Kirchner gas pipeline, destined to take gas from the province “is good news”, although he considered that it poses “fairly tight times” to reach completion by the winter of 2023.
Opening the meeting, which takes place in the Hotel Casino Magic of the capital of Neuquén, the head of IDEA said that “businessmen we are committed to the development” of the country and warned that “jobs have not been created for years” as a result of the lack of investment.
I consider that “the deterioration of public accounts generates a crisis” that “we are only going to reverse with a sustainable increase in the private sector”.
“We have to grow a lot, respecting the environment,” said the businessman, who considered that “The sustainable development of hydrocarbons and at the same time that of renewable energies is the challenge of the next governments”.
Source: Ambito
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