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September 22, 2014
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CFK: activists must become ‘preachers’

President Cristina Fernández de Kirchner addresses activists yesterday at Government House.

President seals refinancing deal with provinces, launches 10B-peso plan for hi-tech projects

President Cristina Fernández de Kirchner yesterday called on pro-government activists to become “real preachers” of the policies carried out by her administration, a day after the rally in La Matanza headed by Kirchnerite leaders and candidates.

“You need to go out as real preachers, house by house, in the neighbourhoods, in universities, in unions, in the streets,” the head of state told supporters at Government House minutes after a speech transmitted via national broadcast.

Fernández de Kirchner made the remarks after sealing a debt restructuring deal with several provinces. This plan “began in 2010, with an annual rate of six percent over a 20-year period,” the president highlighted in front of 16 governors and one deputy governor. “This will improve the financial situation of the provinces.”

The president characterized some of the numbers that were reported in recent days as “ridiculous,” noting that provinces had received two billion pesos in December of last year and said “by signing today they will receive an additional 1.8 billion pesos.”

Fernández de Kirchner made those remarks after announcing a 10-billion-peso plan called Fondear that will be destined to finance a number of technological innovation projects.

“In 2003, productive financing represented only 7.7 percent of the Gross Domestic Product (GDP), it was substantially lower,” said the head of state, who highlighted that by the end of last year financing for productive projects increased to 16.9 percent of the GDP.

In the Women’s Room of the Government House, Fernández de Kirchner informed that Fondear projects will present a very low interest rate, so as to benefit all businesses equally.

“If we don’t want prices to rise, we need to pay more attention to production.”

The programme seems to replicate the goals of the government-backed Bicentennial Credits set up in 2010 that granted credits at an annual rate of 9.9 percent.

‘At face value, They cannot show achievements’

Fernández de Kirchner also took the opportunity to target opposition leaders, a year and a half before the general elections.

“You know why others criticize us? Because they cannot show their own achievements — great transformations or changes such as the ones we carried out,” the president said.

“The only thing we did was to extend rights and liberties” to more Argentines and defend the rights of workers, consumers and businessmen, the head of state said.

Earlier during her speech, she also referred to recent benefits granted to household employees through a bill that was recently signed into law, including demand-side subsidies for transport.

The national government “has granted rights they never had before,” Fernández de Kirchner said.

“When they say they will abolish wheat export duties, you should ask them how will they manage to keep the price of bread from rising,” the president said. “If they want to do (this), they should tell us how to maintain pensions and the Universal Child Allowance (AUH).”

Herald with DyN, Télam

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