Five keys to productive development
Argentina needs to end decades of instability and under productive development. Volatility, institutional weakness and lack of clarity in the rules of the game prevented the country from growing according to its potential. A federal productive agreement, promoted by the Government and involving the private sector, will allow to end this cycle and create lasting conditions for growth. Some keys:
1. The fiscal deficit is the main source of macroeconomic instability. It makes us more vulnerable to the turbulence of the international financial market, is one of the causes of inflation, hinders access to credit and discourages investment. The Government assumed the commitment to end this evil that Argentina has been dragging on for seven decades. Reaching equilibrium in 2019 and a surplus of one point in 2020 will lead to a competitive capital market that will allow companies to grow and develop.