This Tuesday, the President of the American Chamber of Commerce in Argentina (AmCham), Facundo Gómez Minujín, endorsed the economic direction of the National Government and urged the various political forces to join the general discussion in the field of the May Pact convened by President Javier. the following.
“The new government has a short history of administration. “It is too early to evaluate the work in just three months, but we support the concrete initiative to attack the distortions of the past,” Gomez Minujin said at the opening of the 2024 summit held at the Kosovo City Convention Center. Buenos Aires..
The representative of the businessmen noted that they share “the goals and direction of the announced measures, the search for tangible results, the creation of an environment to attract investments as an engine of growth, the removal of regulatory obstacles and obstacles to the development of their activities and the freedom of companies to determine their business plans.”
In turn, Gomez Minujin asked the political forces to join the call made by the President to agree on 10 basic points on which the country's growth is based.
The head of the US Chamber of Commerce said: “We celebrate the call for this new political, economic and social contract, and we aim for these to be the foundations for promoting development and economic stability in the country.”
Gomez Minujin described the announcement as “historic and unprecedented,” and added that it “represents an important milestone in the course of Argentine politics.”
He stressed along these lines: “It is moving towards what we at the US Chamber of Commerce have been promoting and asking from the various powers: sustainable agreements that include all actors in the country to join this initiative.”
“We need to foster a favorable business environment, encourage foreign investment and strengthen our financial institutions,” Gomez Minujin said.
“In addition, transparency and accountability must be the guiding principles in the management of public resources,” he stressed.
The head of the US Chamber of Commerce emphasized: “Becoming a viable country also means looking to the future. “Investing in education and technology is key to building a more just and equal society.”
At the beginning of his words, Gomez Minujin said: “It is clear that Argentina needs a profound shift in policy towards the model of another country. The various political areas that have governed in recent years have shown that their formulas and prescriptions have led to the Argentina we see: a country without growth, suffering from high Rates of poverty, exhaustion and frustration.
Along these lines, he noted: “We are facing this new change of course, and the need to quickly introduce comprehensive reforms and a profound transformation is imperative, to make Argentina a viable country.”
“These measures must establish a framework conducive to encouraging private investment, increasing production and services, increasing formal employment in the private sector, reducing the tax burden, reducing poverty levels, integrating our society and combating corruption,” Gomez Minujin added.
The businessman said: “The large deficit in the public sector, the counterpart of which was the issuance of money and public debt, led to accelerated inflation and frequent depreciation of the currency in the past.”
“An economy based on support for food, health, education, security, transportation, housing, fuel, electricity and gas is not sustainable,” Gomez Minujin stressed.
The President of Argentina stressed that “the size of the country, the resulting fiscal deficit, the cash problem to cover the aforementioned deficit, as well as the impossibility of access to international credit, add to the factors that make Argentina today an unviable country.” the room.
With information from NA.
AG.
