As negotiations with the International Monetary Fund continue, the Government focuses on domestic economic issues, which in turn will have a direct impact on the agreement that can be reached. In its last public communication, the agency not only gave its endorsement, but also considered it essential to reach a price agreement that helps contain inflation.
With this scenario, the front page of the economic cabinet met with representatives of Unilever, P&G, Quilmes, Coca Cola, Arcor, La Serenísima and Molinos Río de la Plata. The Ministry of Economy classified the meeting as “constructive” and highlighted “the intention to give continuity to the tools to bring inflation to a downward path.”
Specifically, the Ministry of Internal Trade seeks to reach a consensus on the exit from the freezing of some 1,400 articles that, with few changes in the medium, has been in force since October. Feletti’s central idea is that Care Prices continue to be a wide basket with at least 1,300 products representative of average consumption, with quarterly revisions and monthly increases.
The current resolution expires on January 7 and the Government works against the clock to be able to announce the continuity this week. “There was progress in the negotiation but it is not yet closed,” advanced from one of the firms that participated in the meeting with officials.
In that sense, they explained: “The tone of the meeting was very cordial and various topics were addressed. It was a dialogue where not only officials expressed their needs, but the industry was able to express issues such as the constant increase in inputs, the need to expand export capacity and liquidity management ”.
For the new stage of the plan, the Executive seeks the consensus of the private sector. The companies raised the need to change some products and sent a series of alternative items that could replace the current ones. The fundamental claim, they told from one of the firms to this medium, goes through the level of profitability that the current scheme subtracts from the companies.
According to the statement released by the Government yesterday after the meeting, “emphasis was placed on complementing a comprehensive macroeconomic scheme to attack the inflationary problem with price and income policies, which include agreements between the public and private sectors.”
As this media learned, also with the intention of aligning expectations, tomorrow there will be a new meeting with representatives of multinationals from other sectors. Among them will be Antonio Aracre from Syngenta and Daniel Herrero from Toyota. The presence of trade unionists from the General Labor Confederation is also expected.
Source From: Ambito
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