President Cristina Fernández de Kirchner disclosed today, the core economics of her new government. The new phase of her presidency begins when she will be sworn in on December 10.The head of state defined the new era as a phase of “fine tuning,” based upon strong investments and innovative production.
The President recognized businessmen that reinvest their company revenues in the country and that weigh out their balance of trade. The topic of inflation and redistribution of subsidies were also mentioned during the speech.
“I would like to refer to how we are to continue,” said the head of state at the beginning of a speech, largely dedicated to economics; referring to the period 2011-2015.
Fernández de Kirchner was heading today the closing ceremony of the 17th Industrial Conference, held by the Argentine Industrial Union (UIA) in Puerto Madero and conducted a speech for almost an hour, before businessmen, government members and unionists.
“I would define it as a period of development, as De Mendiguren stated, however I would like to go a little further than that, and label it a period of fine tuning. Until now we have made reference to the small, medium and large businesses; but now we have to centralize each and every sector with regard to competitiveness in each company, which will only be sustainable through adopting policies of inclusion,” the President furthered.
The head of state recommended that companies not look for competitiveness in salaries or subsidies and stated that “what we will need to measure in this world is that each company has a standard practicality.”
The President reviewed the idea of the Social Pact and advocated for a better agreement between the Government, executives and unions. “There is need to innovate the behaviour of each sector, businessmen, workers and the State, as a third part in the trilogy, which has been one of the keys in the model of growth.
The head of state was outright in underlining the strength in learning from past costly economic mistakes, stating, “revenues do also have to do with the economy and are fundamental for the financial sector. The crisis pays for those who have less, and that is how Argentina remained in 2001, with its face against the wall.”
The ceremony was taking place this afternoon at the Pacific Salon in the Hilton Hotel, located in the city neighbourhood of Puerto Madero, where the President was accompanied by UIA head, José Ignacio de Mendiguren, and the general secretary of the CGT labour confederation, Hugo Moyano, amongst other businessmen.
Source: Buenos Aires Herald