Government will announce more measures against inflation after the acceleration in January

Government will announce more measures against inflation after the acceleration in January

Official sources told Ámbito that there will be more announcements. “ANDThe minister decided to take more macroeconomic measures that will be known in the next few hours to follow a downward path”, they confirmed from the environment of Sergio Massa. As Ámbito reported, the Government will specify in the coming days a Repo-type credit for about US$1,000 million that could be used in part to accelerate the debt buyback program.

Last week, the head of the Palacio de Hacienda participated in a meeting at the Quinta de Olivos with the President Alberto Fernandez and mayors of the Buenos Aires suburbs. As far as Scope could tell By one of the participants, Massa explained that “it will face a great process of deleveraging Argentina that in turn will serve to stabilize the financial dollars that play an important role in inflation.”

Precisely, the months of December and January were marked by strong jumps of around 20% in financial exchange rates. In the Government they understand that this, via expectations, also has an impact on the advance of prices.

sectoral measures

At the same time, in the Commerce secretary They are working on a series of sectoral initiatives that would complement the Fair Prices program and this week’s meat-related announcements. It is precisely analyzed to apply a scheme similar to the one used in the livestock sector, but applied to fruits and vegetables. That is, incentives for production, benefits to businesses and consumers. A treatment throughout the value chain.

Apart from the rises in fresh products, which explain a large part of the jump in the price index, in the offices of Matías Tombolini they detected a deviation of 0.7% in the products that are part of the path of Fair Prices. In other words, the articles that as a whole should have moved with a ceiling of 4%, did so up to 4.7%. For this reason, they will reinforce the controls to the official plan and will also ask companies to report their stocks and the volume of delivery in each of the marketing channels.

Yesterday afternoon, the Secretary of Commerce met with the representatives of the Argentine Industrial Union. In this framework, the main claim of businessmen was for imports: “There are delays in approval, problems in methodology and monitoring,” they said. As this newspaper learned, the portfolio is also working on some changes in the Import System of the Argentine Republic (SIRA) that will seek to “expedite and make the process more transparent.”

Source: Ambito

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