The United States companies based in Argentina they expressed Your support for approval by the Chamber of Deputies of the Emergency Need Decree (DNU) of the Executive Power that authorizes it to advance in a new agreement with the International Monetary Fund (IMP).
“As Amcham Argentina We value that the Chamber of Deputies of the Nation took a transcendental step By supporting the agreement with the IMF, a fundamental measure To normalize the dollarized debt “said the American Chamber of Commerce in Argentina in a statement
In that sense, the note emphasizes that, “according to the regulations, the funds will be used for the rescue of the Treasury debt with the Central Bank and for Face the maturities with the agency itself in the next 4 years “.
“This will bring more predictability and opportunities for the productive and services sector, approaching the competitive Argentina we are looking for,” he adds.
CEPO LIFTING CLAIM
Despite the support of negotiations with the agency, North American companies insist on the need for lift restrictions on access to the exchange market.
“The elimination of stocks is An expected decision long ago, with direct effects on investment, trade and access to financing. As always we maintain that companies need stability and clear rules to develop and generate quality employment. Release the exchange and financial market will allow greater dynamism and integration of Argentina in the global context, “he says Amcham.
Currently companies cannot turn dividends abroad.
The agreement with the IMF generates “greater confidence”
The text adds that “This agreement with the IMF also aims to strengthen macroeconomic stability, reducing uncertainty and creating conditions for sustained growth. “
“For the private sector, this implies greater confidence, better access to credit and recovery of competitiveness. Argentina has talent and resources; with a foreseeable regulatory framework, we can attract more investments,” says the statement.
The business entity adds that “The challenge is now to consolidate these advances with policies that foster the internationalization of our country, Promote production and promote the development of services “and states that” from Amcham Argentina, we always support measures that allow the country to be competitive again. “
Source: Ambito
