Miguel Acevedo, from the UIA: "It will take us 10 years to rebuild the industry"

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The head of the UIA, Miguel Acevedo, strongly criticized Mauricio Macri whose presidency – he considered – was a disappointment and considered that the president "ignored the industry". In addition, he considered that the sector "will cost 10 years to recover" since it has not grown since 2011.

"To analyze his presidency one would have to let time pass and put it into perspective, but I think that has ignored the industry. It seems to me that he has tried to do many things in the institutional part, but in the economic part he has closed a lot in his circle, "he said in dialogue with radio The net.

And he added: "At the beginning I saw him as a more open type in his thoughts and he gradually closed himself in a group that spoke to himself. He did not have the sensibility of listening to society".

Acevedo criticized, on the other hand, the government's management of the economic situation. "The economic situation is very bad, but We are drowning in a puddle of water. I don't see the problem as economic or financial, but as political. Do you remember the ten points? That was three or four months ago. I do not ask that the ten be fulfilled, but two or three. That the contracts are fulfilled, that there is not one devaluation of 30% every year, that we don't have these levels of inflation. We have to have predictability, at least to start, "he launched.

Regarding the joint, the industrialist said they should be reopened. "The purchasing power has fallen a lot and we have to start growing and see how we recompose it," he said.

The statements of the holder of the UIA they are in line with the sayings of the Minister of Production and Labor, Dante Sica, who on Monday lunch at the entity, on the occasion of the Industry Day, considered that, once the August numbers are known, "We will have to analyze if there are any activities that have needs and sit down to discuss."

Years of destruction

"From 2011 to today we have a 15% destruction of the industry"explained Acevedo when evaluating the state of the sector.

The president of the UIA explained that "there is much destruction of value" and warned that "it will cost a lot to raise" the balance of 4074 industrial SMEs closed since the management of Cambiemos began.

"I don't know how long it will take to recover. The last rise in the industry was in 2011 and from that moment until now there was 15% destruction. But we cannot grow with rates of 120%. We have no value references because people It moves in dollars. At 3% annually, to lift that we will take more than 10 years"he concluded.



Source link
https://www.cronista.com/economiapolitica/Miguel-Acevedo-de-la-UIA-Nos-va-a-costar-10-anos-recomponer-la-industria-20190903-0015.html

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