2023-11-23 04:30:00
The elected president, Javier Mileyassured this Wednesday that the elimination of Income Tax for the fourth category and the VAT reduction that Sergio Massa implemented will be maintained during his government. In addition, he added Argentine trains and the state water company AySA to the list of privatizations. He also said that there will be a gradual rate increase and left a worrying prognosis for those who took UVA credits: “They have to take charge.”
“We are going to lower public spending to maintain fiscal balance. Tax cuts always favor the people. We are going to a hypothesis of zero financial deficit, but we are going to adjust public spending more elsewhere,” Milei highlighted.
Interviewed by Edgardo Alfano and Marcelo Bonelli in your program A Dos Voces that is broadcast on the channel All News (TN)delved into his plan to reduce the deficit and expressed: “The adjustment is going to come anyway. So, the question is, who makes the adjustment? Historically, policy made the adjustment pay for the private sector. Well, this time the policy will have to pay for the adjustment. “It will fall on the State, not on the private sector.”
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In this regard, he stated that the percentage of votes he obtained in the ballot “is a mandate” to advance this cut.
“Argentina is on the verge of the worst crisis in its history. It has the worst of the (Raúl) Alfonsín crisis, that is, the chance of hyperinflation. It has the worst of the Rodrigazo crisis of ’75, and it has social indicators worse than those we had in 2001“he indicated.
On the other hand, to the list of state companies that it wants to privatize, it added state water company AySA and Argentine trains. “AySA was Aguas Argentinas, it was private and worked very well. When the railways were private, they were among the best in the world. “Everything the public sector does, it does wrong.”he claimed.
Likewise, he announced that there will be a “gradual rate increase” in the services.
When asked if he is going to pay the bonus to public sector employees, but his response was not specific: “There’s no money. The premise is that people don’t touch itso the adjustment will fall on the expenses made by politics.”
They also asked him about the situation of the people who took UVA credits during the government of Mauricio Macri. “You made a decision in terms of income-risk and now, since the result is adverse, they want someone else to pay for it. If you made a wrong decision, you have to take responsibility. Nobody put a gun to their heads to get them to take out UVA credit“he replied.
As for the retiredcommented: “Believing that it can be fixed in the short term is a huge lie.. He pension system It has a fundamental element that is the relationship between contributors and beneficiaries. Kirchnerism increased the number of beneficiaries without a counterpart contributor. That generated a imbalance very strong. “The reforms we are making would generate a lot of economic growth and would be labor intensive.”
“In addition, leaving the stocks would have a rebound effect and as we plan to modernize the labor market it will allow many more jobs to be created. And since this occurs in a context of increased productivity and higher real wages, the economically active population increases. Therefore, all of this allows you to put the pension system in cash without touching the acquired rights,” he added. While regarding PAMI, he said that it will continue standing but will seek “make it efficient” and “let the robbery end.”
Milei still does not define key Cabinet positions
The elected president avoided giving the name of his Minister of Economy, but in any case said that he will be in charge of defining the guidelines for the area: “I have a Minister of Economy, but I am going to decide the vision.”
In this regard, he stated that “Luis Caputo He is a person who is in a position to be in office without a doubt, he is someone who has the necessary expertise to dismantle the monetary problem we have and provide a solution from the financial markets to get out of the Leliqs problem and put an end to the stocks”.
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“He is someone who is in a position to resolve that. To close the dollar issue,” he assessed.
Regarding his Cabinet he confirmed Diana Mondino as chancellor already Guillermo Francos at the head of the Ministry of the Interior, while Emilio Ocampo at the head of the Central Bank said that “it depends on him.”
“I really like the proposal you have Emilio Ocampo for the Central Bank, but we have to see if the market situation allows for a solution like the one he proposes to be implemented and if he is willing to implement an operation other than the one he originally planned. It is Emilio’s decision,” the president-elect stressed.
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