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Financial News: ARGENTINA: Do Not Be Afraid Of Reforms, Macri

ARGENTINA: Do Not Be Afraid Of Reforms, Macri Says After Electoral Victory

10/23/2017 - 16:22:00 (RTTNews)

(RTTNews) - Argentina's President Mauricio Macri said that people should not fear economic reforms. He was speaking at the first press conference after a victory from his ruling coalition in the legislative election held Sunday.

He also detailed the next steps that his government will take after expanding its presence in Congress and its efforts to pass labor and pension reforms.

"We do not have to be afraid of the reforms," Macri said. "This is a long road, but that leads to a more just society," he claimed. Also consulted on its actions' pace, Macri said that his administration would try to balance "the highest speed we can with the greatest gradualism possible."

Macri indicated that Argentina needs a labor reform and to verify how to grow and create jobs. He pointed out that the country must solve two main issues: "people who have no job and half of the Argentineans who work off the record."

Regarding the pension reform, the president stated that "all the political forces must engage in the creation of a 21st-century social security system, which is being discussed all over the world."

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