It is a new instrument that aims to get agricultural producers to sell their soybean harvest, accessing benefits similar to those currently received by the manufacturing, energy and knowledge industries, explained from the entity. The decision aims to also increase the sector’s exports.
According to tonight’s statement, the body led by Miguel Pesce ordered that “Producers will be allowed to make a demand deposit in financial entities with variable daily remuneration based on the evolution of the A3500 exchange rate, known as the Link Dollar, for up to 70% of the value of grain sales.”
In addition, for the remaining 30%, the Formation of Foreign Assets will be allowed, at the value of the official dollar plus the PAIS tax and the withholdings on account received by the AFIP, that is, they will be able to access the dollar at a value similar to the solidarity dollar, that is, say $239.75. The regime will be in force until August 31 for producers who liquidate the soybean harvest.
“This decision of the BCRA seeks to balance agricultural producers with the benefits available to the different productive sectors, among them, the free availability of foreign currency due to the increase in exports made with respect to the previous year that applies to the manufacturing industry; the Regime for the Promotion of Investment for Exports or the regime for the Knowledge industry that allows part of the increase in exports to be applied to the payment of the wage bill,” the agency reported.
News in development.-
Source: Ambito

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