In an interview with Duro de Mar, in C5N, spoke about the measures related to the Dollars for regional economies, The minister explained that “the price is updated to improve our volumes” and He announced that it will impact “in 123 regional economies.”
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“Many associate agriculture with the soybean complex, but in this case it is not included,” he said when asked about a new soybean dollar, adding: “We are in a period in which there is no strong harvest accumulation. It will be a topic to discuss after August.”
As for the imports, He said that “in the case of basic basket goods, food, hygiene products, cleaning, they will continue to be excluded” from the collection of the PAIS Tax.
Agreement with the IMF
“We have to build a BCRA system and a reserve accumulation regime”, he affirmed and regarding the role of the monetary entity, he announced that in the new agreement with the IMF “we recover the power to intervene” in the financial market and clarified that the Fund authorities decided to “appeal to the good judgment of the BCRA monetary authority”.
Regarding the understanding with the IMF announced in the last few hours, Massa pointed out that it is “the base document” for the Staff Level Agreement that, according to advance, “will be this week”.
In addition, he said that the agreement “defines the work for the next 5 months”, which will avoid continuing with negotiations during the campaign. “Until the end of November we don’t have to discuss any issues,” he said.
However, he assured that the IMF “had a hard time acknowledging the drought”something that the agency finally made explicit in the statement this Sunday where it points out the impact it had on exports.
When asked about the disbursements that the Fund will make to the country after this Sunday’s agreement, he said that “there is a very large package in August” and “an additional one in November.”
Massa pointed out that the amount that the organization will turn “It is a number that largely covers the expectations and obligations that existed for this year” adding: “It’s already established.”
Note in development…
Source: Ambito