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The exchange of messages in the so-called G-6 wathsapp chat, which brings together six of the country's most influential chambers of commerce, began to speed up yesterday, minutes before the 19th. A journalist had alerted Adelmo Gabbi, chairman of the Stock Exchange and a member of this virtual space, about Casa Rosada's intention to agree on a 10-point document with the opposition to protect financial and internal change collisions that may result from the electoral conflict.
Gabbi has established contacts with his colleagues, an elite group also composed of five presidents of other entities: Javier Bolzico (ADEBA), Jorge Di Fiori (Chamber of Commerce), Julio César Crivelli (Chamber of Construction) ), Daniel Pelegrina (Society). Rural) and Miguel Acevedo (Unión Industrial Argentina). During the round trip, the press release was woven and broadcast today at noon by the G6. In three paragraphs, he summarizes the largest sample of private sector support for a Casa Rosada initiative in recent times.
Thus, the first good sign that the government received after experiencing the agreement that proposed to Peronism did not come from the impersonal markets, which are the main goal of the strategy, but men with a name and regulars to make transit of spaces of power.
The G-6 communiqué states: "We adhere to the priority of concluding basic agreements to promote sustained and sustainable growth in all sectors and regions of the country, for which state policies are essential. long-term, which bring certainty and stability to the productive sector, stimulating investment and creating quality jobs ".
The 10 points of this agreement are: 1) Achieve and maintain fiscal balance; 2) maintain an independent central bank, which fights inflation at values similar to those of neighboring countries; 3) greater integration with the world, fostering sustained growth in our exports; 4) respect for the law, contracts and acquired rights in order to consolidate legal certainty, a key element of investment promotion; 5) job creation through modern labor legislation; 6- reduce the tax burden, at the national, provincial and municipal levels, by focusing on the most distortionary taxes; 7) consolidation of a sustainable and equitable pension system; 8) the consolidation of a federal system, based on clear rules, allowing the development of the provinces and preventing the national government from exercising a discretionary power intended for political discipline; 9) ensure a transparent, reliable and professionally prepared and independent statistical system and 10) fulfill the obligations we have with our creditors.
"I wish we could have such an agreement between the most important institutions.We can only approve the 10 points.We think it's ideal to have an independent central bank, that we are more and more integrated in the world, that there is a balanced budget, that create jobs, reduce the tax burden, we go to a pension balance and we comply with the obligation to creditors " he defended near Gabbi's memory before the NATION consultation.
The holder of the stock market today has a good day. Remarks in a sentence stating that "the current markets are reacting" and, although this does not directly link this windfall to the official proposal, ensure that the signing of an agreement such as that proposed by the administration of Mauricio Macri would improve the mood of the population, It would reduce the country risk and give a boost to the markets.
After the broadcast of the collective document, several cameras sat down with their own statements or those of their helmsmen. Natalio Mario Grinman, secretary of the Chamber of Commerce and Services of Argentina (CAC), said he was not surprised by this news, as he knew that the government had prepared these 10 points and that he would take into account from different points of view. political sectors. "It is clear that it is a proposal that comes from the government, no matter who wants to allocate it," he said.
Grinman emphasized the importance of signing this commitment. "It is necessary to agree on these rules of the game that we will respect in the future, and if someone does not want to sign, it is because he does not want to respect the points we have expressed and we believe that with the signing of this commitment, the political uncertainty will diminish, the sectors are working together in the construction of the bases necessary to be a normal country one day, "he said. declared.
Some emphasize it and others do not, but almost all agree that the most important uncertainty is related to Cristina Kirchner's plans for a third term.
At the same time, the Association of Argentine Enterprises (AEA) has declared itself in favor of reaching an agreement between different forces on public policy on key issues such as: the achievement of balanced budget, reducing the tax burden, aimed in particular at the elimination of taxes. distortions; to work for modern labor legislation, to consolidate legal certainty by respecting the law and contracts; fight against inflation, for which it is important to preserve the independence of the Central Bank and deepen a smarter integration to the world.
Daniel Pelegrina, president of the SRA, said the points of convergence seemed very reasonable, because they are strictly programmatic and not ideological. "That is, they are seeking a good deal around a minimum common denominator of state policies to ensure stability and predictability," he said.
This stability and predictability, continued Pellegrina, should not only be realized to give a signal to the markets, but also to a society that needs this and demands it justly. "And also as a signal for a productive sector such as agriculture, which must have clear and sustainable rules, to realize its potential and contribute to the country with all its capabilities," added the leader.
The Association of Banks of Argentina (ABA) also celebrated the dialogue initiated between the different political forces in order to reach basic agreements on the policies of the State. "The path of economic development requires the accompaniment of all leaders, their commitment to respect the laws and obligations badumed, and it is essential to strengthen the transparency of institutions, as well as to maintain a system. of official statistics to be professional and reliable, "they commented on this entity.
In the G6, it is important to understand that without a programmatic agreement bringing together and engaging all political parties, Argentina will deepen the problems that led to a decade without growth. "The consensus reached on these 10 points should be a milestone for the final implementation of the measures needed to contain inflation, reduce taxes, promote investment, create jobs and consolidate legal certainty, essential imperatives for progress. on the path of developing an inclusive and federal country, "he concluded.
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