The news came out after the meeting between the Minister of Economy, Sergio Massa, with members of the productive sector of agriculture, which also included secretaries and the economic cabinet.
This new exchange rate also has three objectives for higher collection:
- financing of promotion for regional economies.
- Subsidies to the poultry, bovine, dairy and swine value chains to increase production.
- a fund for maintain value of family allowances.
- It also provides for a soybean industrialization award to increase the incidence of oils and meals in the exports of the agro-industrial complex.
Reduction of withholdings to regional economies
Massa dollar soybeans (1).jpeg
According to the Minister of Economy, The objective of the program is that the resources that accumulate thanks to the soybean dollar until the end of the year will be used during the month of January, February and March “to face a withholding reduction program in regional economies in order to make them more competitive in terms of exports”.
“During the first quarter of the year, we are going to use part of the resources to generate a mechanism to further boost exports. If the program works, which we understand is going to work, it can allow us to advance in a scheme that follows guaranteeing some of the benefits in social material that we carry out”he insisted.
Incremental export, without withholdings for the automotive chain
massa ok.jpg
The Minister of Economy, Sergio Massa announced this Friday that in 2023 “all the incremental exports” of the automotive and auto parts chain “will not pay withholdings.” “We are going to lower growth taxes on Argentine exports,” said Massa in an act in the Buenos Aires town of El Palomar, to celebrate the plant exit of the Peugeot 208 unit No. 100,000.
Massa announced that “in 2023the entire incremental export of the automotive and auto parts sector will not pay withholdings, We are going to lower taxes on the growth of Argentine exports.” “We believe that leaving Argentina to accumulate reserves and to improve our trade surplus is that we sell him what we Argentines know how to do best, which is the Argentine work to the world”, remarked.
In this regard, he stressed that “For this it is important that in addition to being competitive, putting the effort of our workersof investing in companies and putting talent and creativity, the State also promotes, that intervenes promoting and developing the sector”.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
