After the general approval of the Bases Law and the fiscal package in the Senate of the Nation, an economist from San Juan carried out an analysis of the libertarian achievement, which he classified as “a boost,” and predicted that the measure gives him support in the world to Milei, and promises large investments for the country through the Large Investment Incentive Regime (RIGI).
In dialogue with HUARPE DIARYMariano Cáceres, stated that the approval of this law meets the expectations of the financial market, understanding that what was most expected was not only the content of the letter itself, but also what was related to the political support that President Javier Milei needed.
Mariano Cáceres. (Photo: DIARIO HUARPE archive).
One of the main problems that Milei had when he took office was the lack of governance, but after this, he gained good support at the international level,” he emphasized.
Likewise, he explained that the Base Law has to do with part of the economic program presented by the libertarian, mainly pointing to the deregulation of the economy and the search for investments. In this sense, he pointed out about the RIGI and the labor reform, about which he clarified that, although they underwent modifications and contain points that can be very debatable, they are still part of the tools that the Executive longed for.
In turn, he referred to the impact that the Senate’s approval had on international markets, stating that the result is positive. “Today we have parallel dollars falling, and stocks and sovereign bonds in dollars rising, which is why, from a financial point of view, it is a boost to the expectations of growth in the price of assets, which contributes to the possibility to continue lowering the country risk. “It is something that this government needs to try to have access to the capital market to refinance the 2025 debt,” he stated.
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