In the run-up to the start of the Council of the Americasthe president of the Argentine Industrial Union (UIA) Daniel Funes de Rioja He referred to the main issues on Argentina’s economic and productive agenda. In this regard, he demanded that there is still “make a major tax reform” in addition to “complete the measures in the labour field“.
In addition, the businessman stated that, with the May minutesthe Government reaffirmed “the right to property” and stressed that this is “very important to start reassuring those who They want to start investing in Argentina“. Finally, regarding the lifting of the exchange rate restrictions, he said: “It is a series of measures that we have to see if are they taken all at once or if they are taken gradually“.
Funes de Rioja’s opinion on the country’s economic future
The lawyer and businessman arrived at Alvear Palace Hotel from the city of Buenos Aires where the Council of the Americas will be heldan event that will have as its main speaker the President Javier Milei. In this sense, Funes de Rioja He gave his opinion on the economic measures proposed by the libertarian government: “We must make a Major tax reformyou have to complete the measures in labor matterssee the logistics costs and the infrastructure necessary to make a country that not only produces competitively for the domestic market, but can also export.”
The president of the UIA acknowledged that with the reduction of public spending and its participation in the GDP, “there are these in terms of what makes create businesses and jobs“. In this sense, he also highlighted that the “right to property” was reaffirmed as of the May Act, which makes Argentina “ reliable to invest” because “the rules of the game will be respected“.
Funes de Rioja also gave his opinion on the lifting of the exchange rate restrictions, one of the central issues on the economic agenda of the libertarian government: “There are a series of measures that must be considered.” whether they are taken all at once or whether they are taken graduallyThere is no doubt that when we go abroad we are asked if the restrictions will continue or if there will be a release. It is part of the government’s strategy to do so. When should you do it? It’s like the doctor, you know what to do, he tells you when“.
Finally, the businessman gave his opinion on the development of industries in the areas of energy, mining and the knowledge economy. On this point, Funes de Rioja was blunt and stated that “The magnitude of the opportunity that Argentina has is striking“.
Javier Milei at the Council of the Americas
President Javier Milei will participate in the Latin American conference of the Council of the Americas this Wednesday. In addition to the president, some of his ministers will also be there, including:Guillermo Francos and Patricia Bullrichin addition to the chancellor Diana Mondino.
Javier Milei Anniversary of the Buenos Aires Stock Exchange
Mariano Fuchila
Milei will be present at the aforementioned conference at 12:30. Previously, at 8:45, the Chief of Staff will speak at the opening of the Annual Conference “Argentina: Economic and Political Perspectives” and at 18:30 Francos will participate in the event for the 170th Anniversary of the Grain Exchange, in the city of Buenos Aires.
For its part, The Minister of Economy, Luis Caputo, will speak at the event for the 170th Anniversary of the Grain Exchange at 7:00 p.m. in the city of Buenos Aires, while the Minister of Deregulation and Transformation of the State, Federico Sturzeneggerwill speak at 10:00 a.m. at a virtual seminar of the Latin American Economic Research Foundation (FIEL) and then address the Council of the Americas at 12:30 p.m.
Source: Ambito
