On the other hand, Kulfas assured that wheat producers will not be affected by the Government’s package of measures since they will receive a subsidy from the new trust.
Said trust will be financed with resources from the reestablishment of two additional percentage points to the withholdings on exports of soybean products, which had been removed by the current management to favor products with higher added value.
This way, The Government seeks to bring back to February levels the prices of fundamental products in the Argentine consumer basket, such as noodles, bread and flour. From now on, prices will be expected to follow a path in line with the rest of the values in the economy, without sudden increases or volatility.
Previously, Kulfas and the Secretary of Domestic Trade, Robert Felettiheld a meeting with authorities from the Association of United Supermarkets (ASU) and the Coordinator of Food Products Industries (Copal), due to the detection of unjustifiable jumps in the prices of many products, not only those linked to the chain of the wheat.
The minister recognized “tensions” in said meeting since the representatives of the businessmen disassociated themselves from responsibility for the increases, for which it was decided to go to a kind of “intermediate room” of 24 hours to identify with greater precision the origin of you upload them
Over the weekend, Kulfas stated that the government is going to “act with the weight of the law” on the sectors that have implemented remarks in recent weeks and that they are going to demand that businessmen “reduce prices that have no justification.”
Source: Ambito
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