AmCham presented 10 economic proposals to make Argentina viable

AmCham presented 10 economic proposals to make Argentina viable

“AmCham Argentina highlights the need to quickly introduce comprehensive reforms and profound transformation, to make Argentina a viable country,” the entity said in a statement.

AmCham stated that “these measures must establish a framework conducive to encouraging private investment, increasing production and services, increasing formal private employment, progressive decrease of poverty levels and the integration of our society”.

1. A country model with stable rules of the game, predictable and consistent over time. With State policies that promote investment, improve competitiveness to increase employment, end poverty and social exclusion and put Argentina on the path of sustainable development.

2. Reconstruction of operation of a society based on values ​​and the principles of honesty and integrity. A republican ethic of the State focused on observing compliance with the law, respecting the division of powers, guaranteeing the independence and economic autarky of the Judiciary, being accountable for management, and establishing mechanisms of full transparency and access to public information, guaranteeing Press freedom.

3. Role of an efficient State and focused on respecting the republican and federal representative form of government, safeguarding the safety of the inhabitants, their freedom and their property. Provide for the prosperity of the country, its economic and human progress, intervene in the modernization of its infrastructure, ensure monetary sovereignty and develop and enhance the private sector, promoting the functioning of transparent markets, and free business decision, thus avoiding interventions distorting and unnecessary.

4. Iimplementation of a macroeconomic stabilization plan, that mitigates market volatility, restores the balance of relative prices in the economy, implements fiscal and monetary policies to reduce inflation and contain monetary issuance, and budgets that guarantee fiscal surplus. It is necessary to reestablish the conditions to normalize the stock of commercial and financial credits, international financial reintegration and the sustainability of internal and external public debt. In summary, implement fiscal responsibility policies and sustainable monetary rules.

5. One tax and labor reform at the national, provincial and municipal level, with the aim of equalizing rights and obligations, simplifying processes, eliminating distortive taxes and levies, and adapting regulation to 21st century labor models; creating an environment based on the principles of equity and progressiveness.

6. Concrete measures to reduce labor and tax informality, through systemic and effective controls. Simultaneously, reduce the overwhelming tax burden that weighs on the formalized sector of the economy, particularly small and medium-sized businesses. The exercise of effective controls, combined with flexible, simple and equitable labor and tax schemes, will increase the State’s fiscal resources, improve the competitiveness of the private sector and strengthen the growth of economic activity and employment.

The head of AmCham estimated investments of US$ 16,000 million in Argentina

7. Review of the incentive and promotion schemes for foreign trade, focused on innovative products or services with clear competitive advantages. Openness and intelligent integration to a globalized and interconnected world, through the implementation of new sustainable trade agreements.

8. Immediate removal of schemes that increase the cost, restrict or prohibit exports, as well as imports of our inputs or products, preserving respect for private property and the scope of companies.

It is essential that there is an economic scheme that allows the prices of the goods and services of our economy to be built without arbitrary interference from the Government and in a competitive business framework.

9. Preservation of the right to health of all inhabitants, but through a comprehensive reform of the health system, which allows the public care network to be strengthened, giving top priority to primary care and establishing concrete measures to guarantee sustainability in the care of chronic diseases. That articulates jurisdictions based on the federal concept of government and promotes incentives to effectively integrate public and private systems, maximizing resources and making them economically and financially viable and sustainable.

10. Strongly improve educational quality according to international standards, guarantee solid civic training by carrying out systematic and periodic evaluation of the functioning of the educational system, of training and teaching practices and of the learning achieved by students, essential conditions for the full insertion of students in the society of the knowledge and its social integration. Likewise, promote a strong link between education and productive activity. This means providing resources to the educational system to develop an infrastructure and efficient management, allowing its teachers to be paid decently.

The request to the next government

“We are convinced that these proposals will guarantee the sustainable development of the country for our future generations, especially for the most vulnerable sectors“AmCham stated.

The Chamber stressed that “in order for a country to progress and develop“It is essential that all the actors in your society, public and private, each from their place, make their contributions on which a common project of society is built.”

“From AmCham Argentina we ask the next Government to prioritize the initiatives proposed here and dedicates itself to the search for consensus to resolve the structural problems that today affect everyone,” the statement added.

Finally, he added that: “Once again we insist that an efficient coordination between the public and private sectors is the only way to achieve this, and therefore we are willing to contribute to the construction of state policies that can achieve the social and economic transformation that our country deserves.

Source: Ambito

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