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“We continue negotiating with a safe step” / Argentina News


When participating in the closing of the UIA Industrial Conference, the President presented a demand to the Fund before moving forward with a new agreement

President Alberto Fernández affirmed this Thursday that the negotiations to reach an agreement on the debt of the Argentina with the International Monetary Fund (IMF). Nevertheless, when participating in the closing of the 27th Conference organized by the Argentine Industrial Union (UIA), he specified: “We ask the IMF that before we close a new agreement, make your assessment of what was the failed Stand-By program“.

“We continue negotiating with the IMF at a safe pace and with a firm pulse. We want to reach an agreement that allows us to refinance the very large debt maturities for the next three years to which the government of Mauricio Macri had committed,” highlighted Fernández.

At that point, the head of state reiterated that the loan, which involved a disbursement of 44 billion dollars, was used for “pay unsustainable debt and finance capital outflow“.

Fernández emphasized that the IMF’s self-assessment of its responsibility in taking on debt “will help us to understand each other. It is a necessary step on this path. In order to write a new page, it is necessary to close the previous chapter. Let’s do it quickly. and thus we advance on a firmer and clearer ground “.

On the other hand, the President assured that “Argentina is going through a clear process of Economic recovery“.

The head of state stressed that “all production processes require an active state” and stated that “we have the firm intention that Argentina advance with work in the heart “, but it is necessary” to generate sustainable employment over time“.

“Development must reach everyone, it must benefit all Argentines; be inclusive, fair and socially restorative growth; in this task we must work harmoniously,” said the President.

Fernández announced that in the coming weeks he will sign a decree for the creation of a Productive Project 2030, which will aim to create new jobs, boost imports and develop new industries.

The President announced the signing of the decree to create the Productive Project 2030.

The president of the UIA endorsed a solution to the debt

Funes de Rioja admitted that “global inflation puts pressure on food and energy prices”

During this day, the president of the Argentine Industrial Union (UIA), Daniel Funes de Rioja, expressed his support for the Government’s negotiations with the IMF to resolve the debt issue and said that the solution of this problem will allow the productive sector to have access to international credit.

Speaking at the closing of the 27th Industrial Conference, the business leader said: “We want to have macroeconomic stability and we do not want to have the debt problem further ahead because we want to have access to international credit, because we want to continue to re-equip ourselves and buy inputs“.

Funes de Rioja admitted that “the global inflation it puts pressure on food and energy prices, “while pointing out that” Argentina’s dilemmas are answered by working in a tripartite and articulated manner. ”

The industrial manager said that “the industry must be federal, integrated, inclusive with SMEs and socially with decent and registered work. We are with the industrialists who invest and produce with conviction and passion.”

In relation to the Mercosur, Funes de Rioja spoke for “a balanced Mercosur and not a Mercosur altered by forces that could imply the prevalence of one country over another, an integrated Mercosur and whatever step we take, we must take it together. We have to reaffirm Mercosur because we have a very important level of integration and we believe that the future is a future of blocks. ”

Funes de Rioja called for “exporting more products and with more added value. In 2011, there were 12,800 exporting companies and today we have 9,500. We must recover that number of companies and we must do it with SMEs“.

Later, the president of the UIA called for a “bureaucratic simplification to accelerate the creation of companies and employment. For SMEs, bureaucratic time should not be burdensome. We want fiscal equity so that everyone contributes and that the tax burden does not overwhelms the productive sectors. ”

“We are formal and we want registered work. There are no labor principles for those who are in the informal sector, we do not want the trial industry, we want to form a new work culture and forge the new 5.0 industry,” he said.

Finally, Funes de Rioja emphasized: “We do not want an antinomy between productive sectors but a synergy since the industrial agenda does not propose cracks, what we vote from the UIA is a country project.”

Written by Argentina News

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