Stock Exchange meeting with Luis Caputo and 500 businessmen amid Base Law discussion

The Minister of Economy, Luis Caputo, is set to meet with nearly 500 business leaders at the Stock Exchange on Monday at 6 p.m. This event, organized by the Mediterránea Foundation, a think tank founded by Domingo Cavallo in 1977, aims to provide insights on the economic plan.

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.

There are also expectations regarding the Bases Law, which will begin discussions soon and includes provisions for privatizations, State reform, and labor reform. Businessmen are hopeful for progress but 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, this meeting with Caputo is anticipated to shed light on the government’s economic direction and provide clarity on key policy issues affecting businesses and the economy.

By Samantha Johnson

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