How Ámbito told, the central concern of SMEs today is that the cost increase of up to 11 percentage points in the program that currently represents $1 out of every $4 that is financed by credit card could result in a brake on consumption. As anticipated from CAME, this will be one of the first proposals that they will make in the meeting scheduled for today.
Over the weekend, in an interview given to the newspaper La Capital de Rosario, the Minister of Economy, Martín Guzmán, assured that “the policy of raising rates is not to cool down the economy but to give consistency to a growth process with inclusion In this sense, he argued that “the mechanism aims at the accumulation of reserves.”
Precisely the question of the net holdings of the Central Bank is one of the great concerns of the economic cabinet. is that the historical import record registered in May undermines the goal of reserve accumulation established with the International Monetary Fund. About, Scioli affirmed that “a meticulous work will be done company by company, sector by sector” and added: “We are evaluating priorities and planning for each sector of the foreign currency they need and simultaneously developing import substitution programs.”
As Ámbito learned, the minister will raise this issue this Tuesday at CGERA and will propose “a joint approach to the foreign exchange administration process for the import of supplies and raw materials”. Another point that industrialists have on the agenda is the training of personnel in trades and the conversion of social plans into genuine employment. Weeks ago, CGERA signed an agreement with the Minister of Social Development, Juan Zabaleta, which he will seek to speed up.
Finally, The new minister also plans a work meeting with his counterpart for Agriculture, Livestock and Fisheries, Julián Domínguez. Scioli had anticipated that he will seek to give “transversality” to his management. The sector of Agro is under the gaze of the Government due to the delays in the liquidation of the harvest and it is expected that in the coming days there will be measures in that sense.
Source: Ambito
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