The Minister of Economy presented the export increase program, which establishes a differential and temporary exchange rate for a series of agro-industrial complexes, among them soybeans and productions of regional economies.
The Export Increase Program launched this Wednesday, April 5 by the Minister of Economy, Sergio Massa, will recognize the dollar at 300 pesos for agro-industrial exports. It was also announced that Tax and bank foreclosures were suspended while the agricultural emergency lasts.
These measures take place within the framework of the worst year of drought in decades, with devastating effects on the harvest of soybeans, wheat and corn, their main source of wealth in the fields of the fertile humid pampas.
The Government announced that, with this rule, Fiscal and bank foreclosures are suspended while the emergency lasts in advance or advance tax receipts charged by the State.
The Ministry of Economy, led by Sergio Massa, announced that it is important that “those 69,000 producers feel that The Argentine State not only assists them with a non-refundable contribution, but also makes it easier and viable for them to maintain access to the credit market to face what we aspire to be a better stage from May with the arrival of the rains”.
Source: Ambito
