The Minister of Economy recorded a video that he shared on his Instagram account where he reiterated his vocation to “take care of families” through a new program to Strengthen Economic Activity and Income.
As anticipated by Scope, Sergio Massa announced how the new economic measures will be announced in the next few hours. The Economy Minister recorded a video that he shared on his Twitter account. instagram where he reiterated his vocation to “take care of families” through a new program of Strengthening of Economic Activity and Income.
“Throughout today I am going to tell you about the measures we take to care for Argentine families. Argentina has a loan with which International Monetary Fund since 2018, which forced a devaluation of our currency in recent days. And also a drought, the worst in our history, which hurt our reserves and our accounts but also hit the economy of many families”, anticipated the minister.
“Today we are going to tell you about SMEs, retirees, workers, monotributistas and the sectors of the social economy and the groups that depend on State support, how are we going to do? compensating for the damage that caused this situation. The central objective is that each of the sectors of the economy have the support of the state and that each of the public bodies and ministries throughout this week tell in detail how the benefit programs, credits or tax relief”.
The announcements prepared by the Ministry of Economy
Among the measures that will be announced as of this Sunday, an improvement is included for retirees (through a fixed sum) and the same for private sector workers who have not yet disclosed the amounts.
Another of the announcements will be a line of consumer credit at subsidized rates given that high inflation affects consumer income.
On the other hand, with the intention of lower the debt of SMEs, a line of credit would also be announced at a subsidized rate. It should be remembered that SMEs usually use overdrafts to meet their obligations and today with the increase in the interest rate, which is positive, the daily operations of small businesses are complicated.
Source: Ambito
