The Minister of Economy, Luis Caputo, is set to meet with nearly 500 businessmen at the Stock Exchange on Monday at 6 p.m. The meeting is being organized by the Mediterránea Foundation, a think tank founded by Domingo Cavallo in 1977. The foundation has worked with officials like Alfonso Prat Gay and Carlos Melconian in the past and now Caputo has been invited to present at this event.
The talk will be coordinated by Juan Ignacio Abuchdid and Osvaldo Giordano will also participate. Although there is no defined agenda, there is anticipation among businessmen for insights on the economic plan. Caputo recently announced sectoral measures like tariff reductions for imports in key industries. However, there is still uncertainty surrounding the economic recovery and the exit strategy from the current recession.
Businessmen are also hopeful for progress regarding the Bases Law, which will begin discussions soon and includes provisions for privatizations, State reform, and labor reform. They emphasize the need for legislative action rather than rule by decree.
In a related context, Milei promised to lift restrictions on stocks as soon as possible but did not specify a timeline due to various economic factors. The minister’s team is focusing on advancing fiscal surplus as a priority. Businessmen will also reaffirm their support for the Bases Law, which they believe will provide a framework for sustainable economic growth.
Overall, the meeting with Caputo is expected to shed light on the government’s economic direction and provide clarity on key policy issues affecting businesses and the economy.