At no time was there a thought of shorting out the market

At no time was there a thought of shorting out the market

This resolution, the executive said, woke up “there was an alert situation” that forced Fate to “carry out a reanalysis of the critical inputs that could be presented in the production process.”

At the same time, he affirmed that they promoted the meeting with the BCRA to explain that “They may require an exception for payment on demand for critical inputs.”

“We explained to the clients that we were going to take 72 hours to be able to generate the corrective measures,” Quintanilla said, adding bluntly that “At no time was there a thought of shorting out the market.”

The Fate representative remarked that the Central “made itself available so that if there was a critical problem, an exception resolution could be worked on so as not to alter the manufacturing process.”

Also, Quintanilla highlighted the speed of the entity to evacuate the concerns of the company and repeated that “there is no shortage and the annual delivery programs will be fulfilled.”

Earlier, the institution led by Miguel Ángel Pesce reported that it contacted the company and asserted that “it does not register any delay in production nor should it stop any production line.”

“The sectoral chamber spoke in the same vein in conversations with the BCRA,” the official information concluded.

The conclave was the result of a letter awarded to Fate in which she warned about possible delays and shortages due to lack of imported supplies.

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