
Argentinian businesspeople supported the measures announced by Milei's government.
The main entities representing the private sector expressed their support for the Government
After the announcement by the Government of Javier Milei about the lifting of the currency control, the approval of the loan by the International Monetary Fund (IMF) and the implementation from Monday of a floating band for the dollar, the main entities representing the private sector expressed their support for the Government and the agreement signed with the IMF.
From the Argentine Business Association (AEA) they highlighted that "the signing of the Agreement with the IMF is a very significant event, as it will help generate the conditions to boost economic activity, increase predictability, and promote productive investments".
Gustavo Idígoras, president of the Argentine Oil Industry Chamber (Ciara) and the Grain Exporters Center (CEC), stated: "Clearly it goes in the direction of liberalizing the currency control and promoting an exchange rate that makes it competitive in the exchange bands with a ceiling of 1400 pesos and can clearly indicate an orientation for Argentina to gradually recover the necessary export competitiveness and thus generate new opportunities in foreign trade".

Meanwhile, Nicolás Pino, president of the Argentine Rural Society (SRA), celebrated the measure and expressed that the elimination of the currency control represents a new stage for agriculture: "This is a demand we have been pursuing for many years, and its implementation, starting Monday, will bring more investments and greater economic stability".
From the Institute for Business Development of Argentina (IDEA) they also showed support for the new provisions: "We believe that the liberation of the currency control and the new agreement reached with the International Monetary Fund (IMF), aimed at strengthening the Central Bank's assets, will have positive effects on investment and access to financing", they indicated from the organization.
The Argentine Chamber of Commerce and Services (CAC) also expressed its support for the understanding with the IMF, while positively valuing the elimination of currency restrictions and the implementation of a floating system within bands.
From Adeba, an entity that groups private banks of national capital, they pointed out that the agreement "will allow correcting an abnormality with which the BCRA has operated for too long: negative net international reserves".

Meanwhile, the Association of Banks of Argentina (ABA), which represents international banks, considered that the agreement with the Fund constitutes "an important endorsement that will accelerate the process of economic reorganization and the creation of conditions for achieving sustained growth".
The entity also added that the elimination of the currency control "represents a strong step toward the normalization of the economy and international trade".
Meanwhile, the Group of Six (G6) —composed of the UIA, the CAC, the Argentine Rural Society, the Argentine Chamber of Construction, Adeba, and the Stock Exchange— highlighted that "the extension of the terms of the liabilities with the IMF contributes to strengthening the horizon of public debt maturities, allowing the consolidation of the Central Bank's international reserves".
It also emphasized that "the challenge ahead is for the Nation, provinces, and municipalities to work in a coordinated manner to bring consolidated public spending to sustainable levels, financeable with a less distortive tax structure, that promotes investment and job creation".
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