On Friday, during a lunch at the Adeba offices, Patricia Bullrichratified his promise as presidential candidate of Together for Change to make ends meet “as soon as possible”. It was a meeting with the Association of Argentine Banks, where many of their representatives were located. Bullrich was surrounded by Luciano Laspina and Nicolás Massot, both economists and worked together in the Chamber of Deputies (Laspina is still a deputy today).
Both Bullrich’s neighbors and the Adeba authorities agreed that three aspects of the future economic and financial agenda were reviewed during the meeting: the need to recover public credit, the functioning of the financial system and monetary stability.
“It is necessary to preserve public credit as a state policy. The Argentine state must work to honor its commitments, always. This requires willingness and ability to pay. The ability to pay in the future depends on the fiscal responsibility of the government today and in the future. It is essential to achieve fiscal balance as soon as possibleas a way to guarantee the sustainability of the public debt”.
As for the financial system, Bullrich and the bankers agreed that “it is the key to the recovery of economic development. The banking system has successfully overcome the macroeconomic turmoil of the last 20 years, consolidating its credibility. The policies of fixing passive and lending interest rates limit the development of savings and credit“.
Finally, they stressed that “currency stability is a starting point for the normal functioning of a modern economy. Achieving monetary stability requires a balanced budget and an independent central bank.”
The lunch was attended by the authorities of Adeba, by its president, Javier Bolzico, accompanied by Jorge Brito, Pablo Gutierrez, Jose Luis Pardo, Roberto Dominguez, Marcos Prieto and Andrés Meta. It was the first meeting with the banking association’s top politicians for all of 2023.
Source: Clarin
