IDEA Seminar: Luis Caputo defends his economic management before the red circle

IDEA Seminar: Luis Caputo defends his economic management before the red circle

2024-10-16 21:51:00

back Official reduction of import tariffs Nearly 90 products, Minister of Economy Louis Caputo This afternoon, he participated in the 60th IDEA Symposium and gave a closed defense on economic management under the gaze of the red circle.

At first, Caputo thought Inflation and fiscal balance fall He emphasized that this was achieved “without breach of contract, without developing Bonex plan, without asymmetry, and without external help.” “Funds were not solicited from anyone. Furthermore, this was done with the most vulnerable in mind,” he said.

Caputo meets pharmacists after drug imports open

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In this sense, the Finance Minister assured that “the most important subsidies such as the Universal Child Allowance (AUH), the Food Card and today’s Thousand Days Program cover 100% of the Basic Food Basket (CBA); while when we arrive, coverage The rate is 54%.

The 60th IDEA Symposium opens

The event, which begins this Tuesday, will bring together most of Argentina‘s most relevant businessmen for three days in the Buenos Aires city of Mar del Plata. The motto of this business meeting is “If not now, then when. Transform, invest and sustain”.

Hours before Caputo’s presentation, where he will be the keynote speaker on the first day, IDEA Symposium Chair, Gabriella RenaudeauOpen the meeting and celebrate”“Fiscal balance is the top priority” Government of Javier Mire.

“‘If not now, then when’ is first and foremost an invitation to us as businessmen to contribute to the development of the country. There’s no time, it’s now“, added Country Manager for Visa Argentina and Cono Sur.

Likewise, the business leader asked her colleagues to “What happens in Mar del Plata doesn’t stay in Mar del Plata. “Let us assume our commitment to be protagonists of Argentina’s new beginning,” he urged other business people.

“We have to take up our role, we are agents of change. If we want this country to have a different future, we have to get on the pitch and play in a different way and play as a team. Our role is to invest and bet on our country”, the executive concluded in front of the audience.

IDEA workshop held in Mar del Plata with strong government support

Caputo meets pharmaceutical businessman

Over the past few hours, the Finance Minister met with Representatives from the pharmaceutical industry Monitor developments in the sector and emphasize the maintenance of an economic policy based on strict fiscal balance.

During face-to-face interactions with authorities Chamber of the Pharmaceutical Laboratory Industry of Argentina (CILFA), Luis Caputo “Things will go smoothly this time because for the first time there is political conviction to get the accounts in order,” he stressed.

At the same time, he said the government sought “Fighting the skepticism that exists after years of failure Argentina performed badly because it did the wrong things. Furthermore, he believes that “the impact of fiscal order has been underestimated, but reality will lead to skepticism.”

Following this argument, the state official vowed that he would keep public accounts green while, Commitment to gradually reduce the tax burden associated with earnings growth. “It is impossible for the government to deviate from its fiscal policy,” he said.

Finally, he pointed out that “The macroeconomic order that currently exists is unprecedented in Argentina’s history” And “the economic credibility of this administration is starting to generate greater optimism in different areas.

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