On Monday at 6 p.m., Minister of Economy Luis Caputo will meet with nearly 500 businessmen at the Stock Exchange. The event, organized by the Mediterránea Foundation, is a think tank founded by Domingo Cavallo in 1977 and has previously worked with officials like Alfonso Prat Gay and Carlos Melconian.
Despite there being no defined agenda, businessmen are eager to hear insights on the economic plan. Caputo recently announced sectoral measures such as tariff reductions for imports in key industries. However, there is still uncertainty surrounding the economic recovery and 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.
Milei has promised to lift restrictions on stocks as soon as possible but has not specified a timeline due to various economic factors. The minister’s team is focusing on advancing fiscal surplus as a priority. Businessmen will 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.