Saturday, December 03, 2022

Coming economic measures Massa advanced details of next week’s announcements

Coming economic measures  Massa advanced details of next week's announcements

Government will announce next week Series of measures in favor of small producersfinancial aid for weak area and a new scheme will be launched import control,

Two will be announced on Monday. support program Agricultural sectors do not benefit from soybean dollar. For small and medium growers who have sold more than 85 percent of their crop at the start of soybean dollars and who have not used this arrangement, they will be offered subsidized financing for a total of 42 billion pesos. Buy 50 percent seed and fertilizer,

The measure will be applicable to soybean and maize growers with less than 200 hectares. “This will allow us to increase the planted area by more than 300,000 additional hectares,” Minister Sergio Massa said.

On the other hand, 32 billion pesos would be offered to producers in regional economies such as tobacco, wool, rice, citrus and viticulture. in both cases, Programs come to address the problem of high interest rates Derived from monetary policy tending to ease pressure on the dollar.

there will also be support for vulnerable areas, financed with tax proceeds generated from the sale of the crop. Finally, the plan will be amended import control, Massa said that “those who import and who have an industry will know the date on which the central bank will distribute foreign exchange. But it will also be a scheme that allows those who evade control through judicial measures to do so.” will stop doing it.”

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