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

The Minister of Economy, Luis Caputo, will be meeting with nearly 500 businessmen at the Stock Exchange on Monday at 6 p.m. The meeting is organized by the Mediterránea Foundation, a think tank founded by Domingo Cavallo in 1977. The foundation previously worked with officials like Alfonso Prat Gay and Carlos Melconian, and now Caputo has been invited to present at this event.

There is no defined agenda for the talk, but 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.

The Bases Law, which will begin discussions soon and includes provisions for privatizations, State reform, and labor reform, is another key issue that businessmen are hoping to discuss with Caputo. They 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 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 anticipated to shed light on the government’s economic direction and provide clarity on key policy issues affecting businesses and the economy.

By Aiden Johnson

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