“The dilemma is whether to fix the external front or sacrifice the prosecutor”, revealed a businessman who preferred to remain in reserve. As he commented, bringing the tourist dollar to the MEP market would have an impact on reservations: in the first semester, US$3,115 million were used for trips and other card payments, more than what was used in the whole of last year (US$ s 2,470 million), according to Cifra-CTA.
The fiscal sacrifice dilemma refers to the collection of the “country” tax with the use of the dollar card: in the accumulated from January to August it amounted to $208 billion, a jump of 270% compared to 2021, according to AFIP. In addition, an analysis that they do in the private sector is that of the specific allocation of that tax: the bulk goes to Anses and Pami, two organizations headed by La Cámpora.
The concern of the industrialists is due to the heavy spending that there will be with the World Cup in Qatar. “The entities endorse the request of CAME and UIA asking the Government to impose restrictions on the purchase of dollars and the use of credit cards for tourists traveling to Qatar on the occasion of the World Cup”, assured a statement released by industrial chambers (Uipba, Feba and Cepba).
In any case, from the Argentine Industrial Union (UIA) they denied “management to prevent access to foreign currency to Argentines who travel to the world”, and assured that it does not correspond to institutional manifestations of their authorities. Last week, members of the UIA were together with the Secretary of Foreign Trade, Matías Tombolini, and the Secretary of Industry, Jose Ignacio de Mendiguren.
In a statement, the UIA said: “Our goal is to find solutions so that the industry has supplies, spare parts and machinery.” Referents of the UIA denied having made comments on restrictive measures for tourism. “We are going for the positive, we ask for dollars for production, after the decisions are made by the Government,” said a source.
In any case, the expectation in the UIA and in other industrial chambers is that the pressure of restrictions on imports will decrease, due to lower imports of energy, which nearly $1 billion fell in August, to the new liquidation for the soybean dollar and to the credits obtained by Massa in Washington. “We wait for the return of Massa”, they commented. In meetings with the government, The information available to business associations is that there are specific relaxations in imports, whether in supplies for plants in critical condition, supplies for exporting companies, or for cases where they have had a strong international increase.
industrial orders
While maintaining the expectation that there will be changes in access to dollars for production, industrial SME entities will submit proposals to the Government. This Tuesday the Cgera receives Tombolini. They will bring you closer to the idea that foreign assets can be externalized so that they can be used to pay for imports of essential supplies and capital goods, such as construction. Marcelo Fernández, head of Cgera, refused to talk about money laundering: “It would be that they allow us to use our own dollars to import.”
When asked by this newspaper about what he thinks of a higher dollar for tourism, he said: “I think they are analyzing it and it seems logical to me. Tourism should not be prohibited, but whoever wants to go should go with their dollars, it cannot be that an SME does not have an input and travel is financed with a card, ”he said.
In other entities, such as Industriales Pymes Argentinas (IPA) they will seek to present solutions to the Government in conjunction with unions. “Production shifts have already begun to be taken due to lack of spare parts,” said Daniel Rosato, head of IPA, who will insist on an “SME dollar” for export, such as the “soybean dollar.”
Source: Ambito
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