' Incentive to car in Argentina helps Brazil '

The measure, he says, can also favor Brazil, which has seen a decline in its exports to the neighboring country. On the eve of the visit of President Jair Bolsonaro to Argentina, Sica received the state and stated that the convergence in the economic policy of the two countries should help in reducing the uncertainty of investors. Like the Brazilian government, Sica has defended reforms in Mercosur that allow trade negotiations between bloc countries and third parties without all members being in agreement-which is forbidden today. Following are the main excerpts of the interview.
The MACRI government has announced a program to boost the automotive sector that provides discounts on car sales, in a partnership between public and private sector. Isn't it an interventional measure for a government that intends to be liberal?
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We maintain an economic program that seeks to stabilize the economy, regain the value of the currency and combat inflation. On the other hand, we have adopted a package of measures to boost and improve the competitiveness of the economy. We have also suffered crises that have generated an impact on activity and wages. In March, there was an inflationary peak (4.7%) That has punished a little more all consumers. Within our program and maintaining fiscal discipline, we adopt measures that generate some relief in demand. In March and April, we worked on a package that allowed to improve some goods prices, not as a anti-inflacionária policy, but basically as an improvement in purchasing power, keeping the price of some goods with a very important commitment of the sector Private. Last week, we worked with the banks so they could lower the interest rate. Now, we saw the impact that was having the interest rate and expectations in the demand of cars and we made an effort with the sector to give an incentive and try to generate an improvement in confidence. Our economic program continues to be consistent. We are very orthodox in fiscal and monetary policy, which is what all the governments that have defeated inflation have done. On the other hand, we use all the tools that allow us to integrate into the world, improve competitiveness and, in some cases, alleviate the crisis's impact situations.