In his statements, the economist marked as inconvenient “a new exchange rate jump because we have to stop the merry-go-round of rising costs, salaries, and inflation again.”“.
Regarding the political and economic direction of the country, he stated: “Argentina can’t keep doing what he was doing. The economic program has two parts: one economic and another of structural reforms. In the first, we are better than expected, despite the numbers we have, since it is a consequence of inheritance. The second is stagnant.”
In this context, Arriazu, in front of an audience full of other economists, officials, politicians and businessmen, complained about the obstacles coming from politics and demanded that the necessary laws be issued to encourage investments. “The economic part is going in the right direction and the political part is in the wrong“he assured.
Criticism of retirements
Part of Arriazu’s speech focused on criticism towards the opposition project that seeks the reform of retirement mobility and that he obtained a half sanction this Tuesday after a marathon session in the Chamber of Deputies.
In that framework spoke out against the sanction of a new retirement mobility law: “What happened last night was a shame. They are going to make retirees poorer,” he said.
Regarding the exchange rate, furthermore, He rejected that it is backward and stressed that it is “far above the golden age.” in Argentina”.
Luis Caputo on economic reactivation: “It depends above all on businessmen, not on the public sector”
Another of those who spoke at the economic forum was Luis “Toto” Caputo. The Minister of EconomyLuis Caputoassured that ““The worst is over, we are clearly recovering.”but warned that to consolidate this present, the contribution of businessmen is needed. “Consolidation depends on the Bases law, but above all on you, not on the public sector”he said this morning at the Latam Economic Forum.
“It is very established to believe that all change has to come from the public sector, and it is not like that”, the minister declared before the forum of economists, businessmen and investors. “The individual decisions of each of you, at the citizen and business level, make all the difference,” he concluded.
In that sense he launched: “We are providing the conditions and opportunities for this citizen and business behavior to contribute to the recovery being as quick as possible because people need it.”
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