The Minister of Economy, Sergio Massa, released on Friday the results of the Programwhich enabled record exports for US$8,123 million, of which US$7,646 million have already been settled. He also added that this made it possible to meet the reserve goals agreed upon with the IMF.
Bahillo pointed out that “the measures we are taking are in the direction of accompanying production to produce more”, and recalled: “We have expanded meat exports and we are going to close the year with a record volume”.
The The minister announced on Friday that from the proceeds two funds would be generated to accompany the activities: one to small producers that have liquidated more than 80% of their harvest before the validity of the soybean dollar, which will offer to finance 50% of the purchases of seeds and fertilizers. They must have planted up to 200 hectares of soybeans or 100 hectares of corn in the 2021/2022 campaign. They estimate that this program will reach 30,000 producers and the fund has approximately $40,000 million. The other program will be assistance to regional economies and consists of $32,000 million.
Bahillo remarked that his “Responsibility is building trust. During these 40 days we have improved various issues, so we believe that as we correct the macroeconomy we will resolve the rest.”
Finally, the national official announced that actions are being evaluated for the regional economies“who have different realities and are important players in adding value and generating employment in the country.”
Source: Ambito
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