Adelmo Gabbi on the future of Argentina: “2024 is going to have a very favorable year”

2023-09-08 00:25:09

At the closing of the Fortuna Awards, this medium had the opportunity to interview the president of the Stock Exchange, Adelmo Gabbi, who spoke regarding what awaits Argentina for the future and investment possibilities.

“Although today was a gloomy day and brings back bad memories, the stock market and I have overcome many times these days,” said Adelmo Gabbi. I am an optimistic person Argentina is going to have a very favorable year 2024, with a fiscal surplus that is going to exceed 20,000 million dollars and that we are going to adjust to”, he added.

The debt that Argentina maintains is not so large compared to developed countries

Later, Gabbi stated that, “the debt is not that great, it does not reach a gross product. There are a huge number of super-developed countries that have a much higher debt than ours”. On the other hand, he mentioned that, “Our big problem is that we lack the willingness to pay. In Argentina, when they have money, they distribute it, give it away or steal it, because here corruption is one of the serious problems of this country”.

“More than 80% of those who received awards today have some stock instrument, that is, they this capital market is not so small”, said the president of the Stock Exchange. Later, he pointed out that “what people should be taught is that instead of having money or dollars in a mattress, they can invest it in these companies that are safer than investing in the US state”.

Beyond the tax burden, companies continue to exist

Regarding the presence that was in the stock market, the interviewee remarked that, “70% of the Argentine business community was there, who feeds many families, who believes in the growth of the country and who works from sunrise to sunset”. Regarding this issue, he highlighted: “In a country where unfortunately the tax burden is terrible, companies continue to exist, go ahead and care”.

Finally, Gabbi gave her opinion on the Fortuna Awards: “They have a rare virtue, which is why I believe that this type of event or act is very important.because it is not easy to get the quality and quantity of people that there were”.

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