This Friday and from the city of Jump, Luis Caputo He gave a lecture to businessmen from different productive sectors of the province, to whom he said: “We are going to gradually take our foot off their backs so that they can operate more competitively.” Later, and together with the governor Gustavo Saenzsigned an agreement to guarantee the disbursement of a credit from the Inter-American Development Bank (IDB) for US$50 million.
During his speech, the Minister of Economy explained that at the beginning of his administration “we developed a plan that consisted of being honest about the problem that Argentina never wanted to be honest about: the overspending and fiscal deficit“We attack that problem at the root because it is the only way to solve the underlying problem.”
He also stressed that “Salta is in financial balance. Almost all provinces are in the same situation. There is a lot of awareness in all the political leadership that we cannot continue spending what we do not have.” However, he understood that “the items where there was corruption have been cut” but “caring for the most vulnerable. Spending on social assistance has grown sharply.”
“If the economy recovers more quickly, we will have a larger surplus more quickly and we will be able to lower taxes. We will gradually take the lead so that they can operate more and more competitively,” he added, stating that “There is no more fiscal deficit, There is no more quasi-fiscal deficit, there is no more issuance of pesos. There is a financial surplus, there is a trade surpluscurrent account surplus, energy surplus.”
In front of businessmen from industry, commerce, agriculture, mining, construction, tourism and energy, Caputo confirmed that “This is a turning point in Argentine history. that must be taken advantage of. It’s time to invest in the country. We will all see the fruits, especially those who have the least, because you will contribute to creating more and better quality work.”
Salta receives US$50 million in IDB financing
The day served for the Minister of Economy and the Governor of Salta, Gustavo Saenzsign a IDB loan for US$ 50 million to finance the construction of a Technology Pole and a Training center in San Antonio de los Cobres. The project aims to directly benefit 3 universities, 550 researchers and scholars, 16,500 students and 1,400 institutions.
He Technology Pole It will be located in the north of the city of Salta and will have an educational block; a business block; an audiovisual and biotechnology block; classrooms and spaces dedicated to Information and Communication Technologies, robotics and administration; common spaces for coworking, auditorium and business services; audiovisual services with a film set, virtual production and gaming; Life Sciences area with biofactories, pilot plants and laboratories; and an Innovation Hub that will include offices of the Conicet, INTA and INTI.
On the other hand, the Training Center in San Antonio de los Cobres will offer courses focused on the Knowledge Economy and in local productive areas, with the aim of developing and retaining specialized talent in the region.
Source: Ambito
