Funes de Rioja stressed that from the UIA and COPAL (the other entity that he represents “we say no to freezing prices, yes to agreements.”
“In my dictionary the word freezing does not exist in a market economy” and he remarked that “unilateral freezes in environments of high inflation and instability of inputs do not lead to the right path.”
The Minister of Economy, Serge Massaannounced that tomorrow the “Fair Prices” program will be presented, which includes a basket of 1,400 products that will maintain their prices for four months with an adjustment of 4% throughout that period.
After the minister’s words and minutes before the start of the 28th Industrial Conference to which Massa was invited to give a speech, Funes de Rioja marked the field by setting conditions for the productive sector to comply with the agreement.
“It must be a voluntary act and with certain compensation, such as immediate access to dollars for production inputs“, he insisted.
Funes de Rioja urged the Government to find solutions to the lack of dollars because “the industry cannot be stopped” and said: “If the industry is stopped, this will no longer be reactivated. If we’re thinking we’re going to run out of dollars, we’re going to run out of dollars.”
“We have to give the inputs to production so as not to stop the production processes and consumption. We have to solve this problem as best we can. There is no other way to say, because we have no other,” reiterated Funes de Rioja.
In this regard, he explained: “There are complexities that have dragged on for three months. The systems were changed, mechanisms were discussed, at the UIA we opened a window for companies to process import orders and everything has to do with a strong exchange restriction, which makes that the dollars come out in a trickle”.
Funes de Rioja recognized that “There were protections whose decision may be debatable, but in a scenario of scarcity. Argentina is going to export for US$100 billion and despite everything we have a very complex scenario.”
The director of the UIA warned that “a drop in economic activity with recession and inflation would make us fall into stagflation” and stated that “this crisis is not good or bad for the industry, it is a deep crisis that encompasses the whole of society. “.
Source: Ambito
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