Luis Caputo asked legislators and business leaders for support to continue the reforms: "There will be greater economic openness, fewer taxes and regulations."

The Minister of Economy, Luis Caputo , participated in the 42nd Congress of the Argentine Institute of Finance Executives (IAEF) and announced the upcoming reforms that the National Government will seek to implement; however, he specified that these can only be presented if the ruling party has greater " legislative support ."

Speaking at the IAEF Congress , the Finance Minister stated: " If we win, we will deepen what we are doing: lower taxes, more regulatory elimination, greater economic openness. We need the people's support in the elections for these structural reforms." The minister asserted that the government is currently not submitting many reforms to Congress because " a large portion of legislators do not want the country to do well and continue to view politics as a business ."

"We need more support to implement labor reform, tax reform, and later, the provisional reform. The sooner we can do it, the better," he emphasized to business leaders. Caputo also estimated that Argentina could grow " 6% or more this year and in the next seven."

"We must take advantage of this moment, with a government that will continue this process and transform growth into increased revenue. The surplus will be increasingly higher, and we will be able to return the money to the private sector in the form of tax cuts. If Argentina grows between 6% and 8% by 2031, we would be returning between $420 billion and $550 billion to the private sector from the nation alone, almost a gross domestic product. This should be a huge incentive for the private sector," Caputo explained.

In another section of his speech, he explained how the National Government is working with the new exchange rate system. According to the minister, the Central Bank "will not buy dollars until the US dollar touches the bottom of the floating band." "If the BCRA were to go out and buy dollars, there would be no shortage of speculators, and in four days, the dollar would go to $1,200. That's when they start saying the Central Bank is selling and they begin to fuel the exchange rate run," he stated.

Furthermore, Caputo projected that the price of the dollar "is going to collapse in a positive way." "When things are done right, that's what happens. I'm optimistic; I believe in this process and that in the next 12 months we will have converged toward international inflation. It's going to surprise us; it's going to happen faster than we think ," he emphasized.