After Cristina Kirchner’s denunciation of the impact of inflation on poverty, the Minister of Economy assured him will indicate a significant drop in prices in 2023, but once the economy has stabilized. This is the message he conveyed this Tuesday during the lunch he had with the businessmen of the Chamber of Construction (Camarco), where they asked him update contracts and implement measures to take care of dollars.
“The minister told us he is just working he hopes that inflation will fall significantly by the middle of next yearsays it will apply economic policy measures tending to lower it, but did not explain what the tools are“, said the head of Camarco, Gustavo Weiss, after the meeting at the headquarters of the entity he led together with former president Iván Szczech and other members of the chamber.
On the part of Massa, they specified that the minister “I didn’t make a promise” rather, it has set a target in line with the 2023 Budget (95% inflation this year and 60% next), which in turn includes the objectives of the agreement with the IMF. “Once macro stabilization is over, it will be dedicated only to inflation, It is already dealing with it, but the macro must be ordered “, they specified by the Ministry of Economy.
The “central” problem posed by the businessmen was the delay in the prices of public works due to the acceleration of inflationwhich deteriorates contracts and slows down ongoing projects.
In this framework, they asked him to do it modify the formula for restating the price of public works, a statement that the minister promised to discuss with the Minister of Public Works, Gabriel Katopodis. The minister also assured them that “the box is there” to guarantee commitments against late payments, which today averages about 30 days, and that the investment in capital expenditures could reach 1, 9% in 2023 with extra funds.
During the meeting, the minister revealed that he is looking for a price agreement with the 27 producers of consumer products and that, given the different opinions within the government, he believes that private sector joint ventures should work. “independently”. Therefore, the parties must determine whether a bonus, such as the one agreed by the tire union, is paid, while in the public sector this possibility is contemplated.
On the other hand, businessmen demanded foreign currency for imports and transfers, ratified the need to prioritize industry, and that consumer spending has a more expensive dollar. Massa told them that the permits that will be approved will be simplified and he has not confirmed or denied the creation of other exchanges: “We are analyzing all foreign trade operations so that the few dollars are channeled towards industrial supplies,” he told them.
Source: Clarin
