The 10 measures that industrialists asked Alberto Fernández

The 10 measures that industrialists asked of Alberto Fernández

The candidate for president of the Frente de Todos Alberto Fernández and his economic team met with the directors of the Argentine Industrial Union (UIA). The reason for the meeting was to make the candidate aware of the “Industrial Plan 2020/2023” that the UIA has been presenting to the different candidates.

The head of the entity presented this industrial proposal that has two pillars: Macroeconomics for development and Productive Policies.

Macroeconomics for development

A macroeconomy that encourages value addition, through a predictable monetary and exchange rate policy, a deep financial system that guarantees access to appropriate instruments, and a tax structure that encourages productionute;n.

Productive Policies

This set of productive, technological and educational policies aims to improve the competitive environment of the economy in order to direct resources to productive activity. In a challenging international scenario and within the framework of a fourth Industrial Revolution, this plan seeks to accelerate investments and technological development, enhance access to new markets, and boost activity, regional development and the labor market.

*The Short-Term measures proposed by the UIA:

Macroeconomics: Achieve a noticeable reduction in inflation and reasonable interest rates.

Common External Tariff and Export Duties: Avoid unilateral reduction. Face negotiations that seek at least equivalent benefits. Eliminate for industrial goods and processed foods, and adjust refunds so that they compensate for the weight of taxes on our exports.

SME Law 2.0: reduction of tax pressure, Single Tax Account and promotion of investments (financing and tax incentives).

Federal Productive Development: maintain the regional benefits associated with social security provided for in Decree 814/01.

Financing: Line of Credit for Productive Investment + Bonus rates.

Fiscal consensus: monitoring compliance with the reduction of fiscal pressure at the sub-national level (focus on rates and costs at the municipal level).

* The Long-Term measures proposed by the UIA:

Tax Reform: New regimetax regime that encourages value addition, enhances the production of tradable goods and exports.

International negotiations: An intelligent insertion, based on the productive plan and articulated with the private sector in the search for new markets.

New Law 4.0 to promote the incorporation, design and development of new technologies throughout the production network.

Scientific – Technological Agency.