Furthermore, as the spokeswoman noted, “the State has the obligation that the dollars go to sustain what really does work, production, health, education and science”, making it clear that outbound tourism is not a priority.
Cerruti anticipated that they are analyzing “Different alternatives” with the purpose of guaranteeing “that the dollars go where we need them, where the Argentine people need them to go, and that they are not scattered in other situations that may make our lives more pleasant but that have nothing to do with what we need as a long-term society.”
Dollar Bag
Since he took over as head of the Ministry of Economy, Massa has been analyzing restricting the access of dollars to tourism to preserve the productive sectors. In principle, the idea is to take its value to the MEP dollar, which, three weeks ago, had a significant difference with the card dollar. However, which is good news for the Government, the prices of the different financial dollars have been falling, thus today the difference between the card dollar and the MEP dollar it is only about 20 pesos, being an insignificant value to discourage consumption in dollars.
For this reason, the economic team continues evaluating alternatives and, the one that emerges more feasible is to establish a spending limit in foreign currency, For example, it happens today with the acquisition of the savings dollar that only US$200 is allowed.
The difficulty is that this undoubtedly unpopular measure should be announced and implemented before Qatar World Cupsince it is estimated that many Argentines will attend the world championship.
It should be noted that the outflow of foreign exchange for tourism expenses from January to July more than 4 billion dollars and this figure will increase for the World Cup and also for the summer holidays.
Just this Thursday, the Central Bank implemented the restriction on access to dollars since it established that those who receive subsidies in public rates will not be able to “purchase foreign currency in the official market or carry out operations with titles and other securities with settlement in foreign currency.
This limitation had transcended in the first days of September generating that more than 74,232 users renounce the state aid in the rates. The Energy authorities themselves admitted that, only with the rumor that they were studying restricting access to the purchase of the savings dollar to those who had subsidies, numerous resignations took place. “In just two days, some 25,000 thousand users resigned. They commented to Ámbito, at the time.
Surely the restriction has been made official by the Central Bank and since the user registry remains open, it is estimated that resignations will continue since the regulations prevent access to the purchase of any type of dollar.
Wages
“This government has arranged that every time the parity had to be reopened so that salaries can keep up with inflation and not lose against inflation, it has done so. With which, the situation is going to be seen in the course of time”, was Cerruti’s response to Ámbito’s question referring to the fact that the official numbers estimate an inflation of 95%.
Also regarding whether a bonus for retirees The spokeswoman stated that: “The same with retirees. In addition to applying the formula by which they are increased, each time this increase did not exceed inflation, a bonus was carried out. We have to see how the situation evolves in the coming months and the necessary decisions will be made”.
Source: Ambito
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