President of the Argentine Securities Exchange Market (ByMA); Claudio Zuchowieckitalked about. Work style reform The government has proposed for 2026; It is necessary to review “personnel costs” He argued that a debate on the issue would “highlight the interests of the various officials seated in parliament”.
I was interviewed on the program business community, Hosted by Jose Del Rio on LN+ Zuchowiecki He said the tax burden on salaries creates a distorted perception among workers and tends to make companies responsible for discounts, when in reality these amounts are accounted for in taxes paid to the state. “Argentina’s full social burden is 80%“, said.
On the other hand, ByMA Director emphasized that most of the taxes that affect employment do not depend on state or local governments. “What we all have to agree on is that Defining how money is raised to create an efficient, small and fair state that allows businessmen to take risks and take people seriously. ”he pointed out.
Zuchovicki further argued that: The government’s efforts to revise labor laws will clarify the political position of each sector in Congress. In his opinion, the legislative argument It will clarify “who will protect the interests of the people and who will protect their own interests.”.
In another part of the interview, he addressed the post-election economic impact and analyzed market behavior in the face of the new political scenario. he said this “There was a surprising element.” because “The market was expecting something different.”
He also pointed out that the dollarization process that took place days before the last national elections was one of the strongest he had ever witnessed. “Forty-five percent of the money mass was dollarized. Rarely in the crisis I had to go through did I see such a large degree of dollarization.”I noticed.
He also pointed to the Oct. 26 voting day as a turning point in relation to market expectations. “The expectation was that the ordinance would be withdrawn. Now we all expect you to discuss the law already.”he made the claim in relation to the reforms the government has promised to undertake in the coming months.
In another section, Zuchowiecki argued: credit It is an essential element of social mobility and a means of economic equity. “For people with great ideas but few resources, debt is the only way to get there, because otherwise only the rich can get there.”he expressed. In that sense, he pointed out that in recent years, the state has absorbed nearly 90% of available credit, which limits the private sector’s ability to invest and create jobs.
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