Former president of central bank, Martin RedradoHe confirmed that “The tax and labor agenda alone is not enough.”
Proceedings of the announced chapter
“Financial health”
“I see that the train of history passes through a platform called Argentina: The world is looking towards Latin America, which is an opportunity for the region and the country“, said the economist.
He also noted that “it is up to us to achieve a fiscal surplus and stop borrowing.”
“It’s very important for the next 30 days Fiscal health does not depend solely on the executive branch He added in statements to Asharq Al-Awsat: “But this appears in agreements with the conservatives.” Radio Rivadavia Spread by unavailable.
“tax revolution”
“It is not only necessary to work on a real tax revolution to reduce private costs, but on a more comprehensive agenda that includes other revolutions such as transportation costs and fiscal costs.”
Then he confirmed: “C“Just the tax and labor agenda is not enough.”
“I will put more force into tax reform, or at least the pace of it. In order for Argentina to grow again, it is necessary to lower taxes“, according to his estimation.
He also stressed that “Argentina needs… The policy of productive integration with the worldAnd not just with one country or a group of countries.”
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Exchange rate policy
“Argentina imposes a large number of restrictions on its exchange market. Instead of discussing whether the ranges are well calibrated or are expanding by more than 1% month after month, “We must agree on a single exchange market.”Redrado stated.
“The sectors that are doing well are energy, agriculture, mining, knowledge and financial intermediation, however “The 48 million Argentines need to do a good job.”The former head of the central bank concluded.
Finally he expressed it “We must give the provinces the resources that were stolen from them in recent decades.” “There are a number of loopholes in shared participation that require a federal revolution to restore tax fairness and incentives,” it states.