The national government plans to launch a battery of measures this week after the primary elections that will define the presidential candidates for October.
After the primaries this Sunday, the Government will advance with a budget project for achieve fiscal balance in 2024 and promises ease the brake on imports that is affecting the industry. In addition, it is anticipated receive a US$500 million loan from the World Bank and launch the tender for another key gas pipeline. This was reported by the Ministry of Economy after the head of the portfolio, Sergio Massa, asked his team for details of the projects in progress.
However, one of the first measures that the Ministry of Economy will take is to move forward with the complaint against the caves and request the necessary raids for this Monday. A few days ago, through the social network Twitter, the lawyer Gregory Dalbon pointed out that “By order of @SergioMassa, we are denouncing 12 “CUEVAS” who are using pesos from suppliers of the Government of the City of Buenos Aires to push the blue dollar.”
The lawyer pointed out at that time that “from this situation, together with the Minister of Economy, Sergio Massa, we denounce the State for fraud and some other crimes, these 12 caves that are already individualized, at some point they will be arranged some raids and some arrests, of the people who are manipulating this situation, with suppliers of the CABA government”.
The complaint was signed by Minister Massa -sponsored by Dalbón- and by lawyers from the Ministry of Economy. News is expected for this Mondayas far as he could find out Ambit.
It is not by chance that Sergio Massa gave an important message to the markets this Sunday after the vote in Tigre. “There is an ongoing investigation of the NVC, Yesterday they gave us part of the information. Tomorrow (for this Monday) Argentines will learn this information,” anticipated the Minister of Economy and candidate for president.
The 2024 Budget project is coming
The Budget project for next year will include the proposal to reach “zero deficit”, in line with what was claimed by the International Monetary Fund. Among the changes arranged is included that importers who use their dollars will not pay Country Tax, VAT, or statistical fee. Besides that a financing program of 50% of fertilizers for producers will be promoted and a US$70 million support program will be announced for the corn and wheat sectors.
It is also expected to startr the Lithium Exporter Program in the third quarter and that there is already a first export from Jujuy. Among the measures, it will be the call for tenders for the Reversal del Norte gas pipeline to export gas and stop importing from Bolivia. For this purpose, there will be financing for the work from CAF-Development Bank, and financing for the purchase of pipes by BNDES.
Contracts will be signed with the IDB and the World Bank for credits for US$500 million and the monotribute for technology activities will also be launched. In addition, there will be an extension of the agreements of the “Fair Prices” Program.
Source: Ambito
