Creation of the National Investment Council

The APRA government created the National Investment Council as part of its strategy to broaden business sympathies and restrict the representativeness of the unions. This body included representatives of the government and of the twelve apostles (a privileged business group), as well as representatives of the CONFIEP and delegates from the four trade union centers, although the latter were in a minority. The creation of this council was part of a labor policy that sought to link itself in a populist manner with the workers, without union intermediaries, promoting direct dialogues. This measure was part of a set of policies that subsidized unemployment, promoted employment and increased wages and incomes.