what Alberto Fernández said about the economy

what Alberto Fernández said about the economy

At the same time, he relied on parity for the wages of registered workers: “The paritarias are operating with total freedom, what I ask is that they beat inflation. If that happens, it will get better. The problem that usually happens is that the jobs that are created have low salaries because they are salaries that take December 2015 as a reference, that must be corrected. We are trying to ensure that the paritarias beat inflation and thus the real salary is recovered.”

Inflation

Regarding inflation, the President maintained that inflation “has fallen in the last two months”, “this month I still don’t know how it will come about, what I think is that we have to make an effort to go down gradually, the State is making its effort I think the businessmen have to do theirs. We can ask the workers little because they have been losing 20 points of their salary since the time of Macri and 3 more points were added in the first year of the pandemic, “he added. “What is clear is that people’s income must be improved, as long as inflation persists, people will feel that what they earn is taken away by inflation.”

Dollar and stabilization plan

Regarding a possible stabilization plan, President Fernández preferred that it be the Minister of the Economy, Sergio Massa, who gave his opinion on the matter, although he highlighted the recent recovery of sovereign bonds and shares. However, faced with the possibility of adjusting the exchange rate, he emphatically ruled it out: “a sudden devaluation is always impoverishing people and we don’t want to do that.” The head of state also praised the Minister of Economy, Serge Massanoting that “has managed to calm the economy and has achieved it with rigor and economic wisdom”

The two necessary laws: Unexpected income and Agribusiness Law

President Alberto Fernández said today that “there has been an unexpected income” as a result of the situation, which was not planned or responds to a specific investment, and therefore “that higher profit has to be paid to the State.” In turn, he insisted that legislators rush to deal with the issue in Congress and highlighted the need to also analyze the Agribusiness Law that is stalled in Congress.

The agro-industrial development project that seeks to generate foreign exchange and new jobs in the production of the 24 value chains in the country. As Bahillo explained in the Chamber of Deputies in the treatment of the 2023 Budget, the objective is to attract investments from the agricultural and industrial sector, generate added value and income of dollars; and in some cases substitute imports and in another encourage exports”.

Source: Ambito

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