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The PIT-CNT plebiscite would strain public accounts, according to Carolina Cosse’s economic advisor

The PIT-CNT plebiscite would strain public accounts, according to Carolina Cosse’s economic advisor

The former Undersecretary of Economy and Finance, Pablo Ferreri, stressed that he is not in favor of the elimination of the AFAP.

He former Undersecretary of Economy and Finance (MEF), Pablo Ferreristated that the PIT-CNT plebiscite against the social security reform “would put enormous strain on public accounts” and was against the elimination of the Pension Savings Fund Administrators (AFAP).

The former MEF official is today one of the main advisors on economic matters to the mayor of Montevideo and presidential candidate for the Frente Amplio (FA), Carolina Cossewho, although he signed in favor of the plebiscite, has not yet publicly announced whether he will accompany him in the 2024 elections. “As a Frente Amplista I will abide by what the FA decides,” he said in recent days.

Ferreri, who belongs to the Broad Social Democratic Space (ESA) sector, explained last Monday on radio Del Sol that the current social security reform law “is bad,” but that it deals with issues that are “dynamic” and that “are not written in stone”, such as issues related to life expectancy and the world of work.

“Therefore, the logical thing is to correct it with a law and not put these things in the constitution,” he noted in reference to the plebiscite promoted by the union center, for which some 430,023 signatures were collected.

“I do not agree with the elimination of AFAP”

In that sense, Ferreri stressed that, at the level, he does not agree with the elimination of the AFAP, but that “it is something that can be discussed in a broad social dialogue, which is what the FA has defined.”

“The cost of what is being proposed is something that would greatly strain public accounts and that is in contrast with other priorities that a future left-wing government must have, such as the fight against child poverty or other aspects linked to marginality, which are they must attend to,” Ferreri stressed in this regard.

Source: Ambito

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