According to data provided to Ambit by sources of the economic team, These 6 bills would generate US $ 105 billion in exports, create 800,000 jobs and bring investments of US $ 2 billion over the next decade. The greatest economic impact, they estimate, would be given by the agro-industrial and hydrocarbon law. In the Ministry of Productive Development, they consider that promoting competitive and exporting sectors, such as agriculture, hydrocarbons and the automotive industry, will allow the country to “grow steadily” and “end the external restriction once and for all.”
Another of the defenders of these laws is Gustavo Beliz, president of the Economic and Social Council, the area where these 6 projects were developed.
According to Beliz, the goal is “Provide predictability so that the productive sectors can generate investments that result in better sources of work, with social inclusion”, as he told the Télam agency. In addition, he said that the key was that they reached a consensus with “a concept of public and private alliances”, with an eye “on the next decade.”
Secondly, Ambit He consulted economic analysts who work in heterodox study centers related to the ruling party, who considered that the projects could “fall asleep”, due to the criticism expressed by some sectors of the coalition. One of the questions has to do with the so-called “fiscal stability”, that is, establishing impediments to tax changes in the long term. “The internal discussion is whether the investment depends on taxes”said an economist who preferred not to be mentioned.
Related to fiscal stability, the focus is on the agro-industrial law, in relation to withholdings. Sources from the block of deputies of the Frente de Todos close to the vice president Cristina Fernández de Kirchner assured that withholdings “should” be on the agenda again if the rise in international prices of corn and meat continues, due to the impact it will have on domestic prices, and the question is as to how much they could be modified if they are “Tax shield” to the agro-industrial sector.
On this point, the researcher Ricardo Aronskind, stated: “The guarantees to the sectors should not go through tying the government’s hands in tax matters, due to the difficult conditions of the world economy, and because we are under pressure of the arrangement with the IMF, which will require that the State have income, I don’t know where he’s going to get them from if he renounces taxing the most profitable sectors ”.
An economic analyst close to the Instituto Patria assured that there is consensus on “Define long-term plans”, but that the project “more sensitive” It is the one that has to do with hydrocarbons. “The tension involves how many concessions do you want to give to multinationals to have an export outlet, and the question is whether that does not mean signing a blank check”said the economist.
The Ministry of Productive Development echoed these criticisms. While the coalition debates the export exit versus the domestic market, the Center for Studies for Production (CEP XXI), which depends on Kulfas, published a report on “The wage premium of exporting firms”, where they indicate that the wage premium in companies for being exporters is 30% higher, similar to the salary premium for having a university degree.
Source From: Ambito
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