President Luis Lacalle Pou He referred to the exchange rate delay and considered that “it is a consequence, in part, of success,” by focusing on the entry of dollars into the country and the growth of the investment during his speech to members of the Union of Exporters of Uruguay (UEU).
After the criticism he received from the Rural Association of Uruguay (ARU) due to the misalignment of the exchange rate and the fiscal deficit, Lacalle Pou He spoke again on the topic and pointed out: “We have the same vision, it’s just that the toolbox is limited.”
The president expressed himself this way during a tribute to the executive secretary of the UEU, Teresa Aishenberg. In that context, Lacalle Pou He maintained that “the income of American currency, of dollars, is due, among other things, to exports and foreign investment.”
Along these lines, he indicated that “we should be proud of the result of the investment foreigner” and highlighted that “40% of the profits are reinvested”, something he described as “a sign of confidence that does not exist in the world and today Uruguay has it.”
At the same time, before an institution that issued several criticisms for the depreciation of the dollar against the Uruguayan peso, the president said that “one of the reasons why I am here is the moment we are in” and compared: “Could it be if the export figures were records, if commodities are flying, if the exchange rate He is the one they demand from us, he could say ‘I’m missing today with notice’. Right now is when we have to come the most.”
The president focused on investment and labor relations
Along the same lines, he placed the focus on strong investment in infrastructure that generates conditions to sustain and boost development. “The record of investment It is observed, not only on the main routes, but also on the secondary ones,” the president said.
In turn, he referred to port policy and telecommunications. “There are many milestones that are not new, but this government has given them a strong boost,” he stated.
Finally, Lacalle Pou He touched on the issue of labor relations and spoke of “the need to generate a good climate and that conflict is not the norm, but the exception.” Along these lines, he focused on paying good salaries to workers and concluded: “Our task is to grasp the reality that lies before us and transform it.”
Source: Ambito
