The refusal of the federal Government to take into account the action plan of the private sectorthe president of the Coordinating Business Council (CCE), Carlos Salazar, called on all the agencies, chambers, associations of the productive sector to make a National Agreement along with the workers to confront the crisis caused by the Covid-19.
The leader of the CCE said, ” without a program government bailoutthe picture is to have a decrease of between 7% and 10%; between 800 thousand to 1 million unemployed; an exchange rate of 25 pesos per dollar and an inflation rate of between 6% to 10%. He said that having accepted the figures of economic fall-out would be -2.5%; a parity weight dollar between 21 to 22 pesos per currency; and between 300 thousand to 400 thousand unemployed.
Salazar stated that they presented to the president, Andrés Manuel López Obrador a plan of action to 90 days, which would not take account of the contractor and which consisted in: to Protect the employment, wages and incomes of families; lay the groundwork for an immediate recovery; to prevent the liquidity crisis of households and companies becomes one of solvency.
In addition, he said that without the government seeks the solidarity of the entrepreneurs to act in around 5 specific measures to support micro, small and medium-sized enterprises (Msmes)
To organize a structure for companies with economic capacity support to its suppliers through payments to less than 30 days; launch of the campaign “adopt a msmes” for those who have the capacity to help the little ones with resources or support salary.
Place orders to be delivered after the crisis, in a scheme of advance purchase fares; generate a platform for factoring in the form of fast and simple support to msme with support of financial institutions.
Finally, look for the non-criminalization, that is to say, they will avoid a period of contractual penalties between individuals, said Salazar
In video conferencing with leaders of organizations of various productive sectors, stated that it is clear that if the economy slows down, also pausarán charges in the private sector, the government, and does not count with resources to continue social programs of today.
By this, he said, will continue to insist on the realization of a deployment mechanism for the private sector, the society, the government and the unions have an agreement, and that this becomes a Economic Council Permanent.
He explained that in order to avoid a deeper crisis, it was necessary that the government give monthly credits of 25 thousand pesos, that would have a cost of 75 billion pesos for a coverage of 3 million people, whose only requirement would be to formalize and pay the beneficiary.
He explained that he was raised “to use the current cash of the public sector and change the concept of net debt by gross debt. This frees 425 billion pesos; the use of stabilization funds for a total of 243 billion pesos”
In addition to postponing the goal of public finance by 2020, to increase the borrowing 4% of GDP, which could cope with the costs of health, to compensate for declines in income, and to lay the foundations for recovery.
In addition to that proposed to replace imports, particularly in sectors related to foreign trade; have a program of infrastructure with public and private funds; give a definition and announcement immediate private investment projects in energy infrastructure and allow the accelerated depreciation of new investments.