The bonus will be of $60,000 for private employees with salaries of up to $400,000 and will be paid in two installments of $30,000 in September and October. The increase will be non-remunerative, for the only time, and on a parity account.
In addition, a similar measure will be implemented for employees of the national public sectorwho will also be awarded a fixed sum for $60,000 which will be paid in the same way as in the case of private loans, being absorbable in parities.
credit for workers
The presidential candidate announced a line of credit for workers with a term of up to 48 months, with a three-month grace period and an interest rate half that charged in the financial market.
He explained that it will be possible to access lines of credit up to $400,000 in 24, 36 or 48 installments and the funds will be deposited in the bank credit card within 5 business days”.
The minister explained that “The program has funds available for 400,000 million pesos and the interest rate is half of what is currently paid on the balance of credit cards.”
Massa indicated that the loan “will be able to be done with a simple electronic procedure and with the possibility of being debited from the salary.”
The minister said that “in the next few hours, the executive director of the National Social Security Administration (Fernanda Raverta) will give more details about the system.”
Retirees and pensioners: bonuses and credits
In the case of retirees and pensioners, the minister announced that They will receive a reinforcement of $37,000 in September, October and November, which will bring the total amount they will receive starting next month to $124,000.
Through messages on social networks, Massa He said that in this case, they are intended “for retirees and pensioners as well as for beneficiaries of other pensions, which are almost 7 million people”, to whom he stated that they decided to “modify the reinforcement that we were going to give them”.
In addition, he stressed that in the case of shopping that they make with card, “We are going to refund up to $18,000 of VAT refund on the card itself for the purchases they make.”
He also recalled that “they have a credit program at their disposal for more than $400,000 million that allows them to access loans of up to $400,000 at a quarter of the rate they pay at the bank for 24, 36 and 48 months.”
Measures for monotributistas
For the case of monotributist workers there will be access to credit for up to 4 million pesos, depending on the category, to be paid in 24 installments at half the bank rate with 100% State guarantee”.
Massa also stressed that “the productive monotribute will be launched for the incorporation into the formal economy of independent workers who are in the informal economy.”
Increase and reinforcement for the Food Card
On the other hand, the Unión por la Patria candidate announced that the Alimentar Card beneficiaries will receive an additional 30% increase.
The person in charge of the economic portfolio explained that the Food Card will be reinforced with an additional increase in two monthly installments, with the following detail:
- For families with one child: $10,000.
- For families with two children: $17,000.
- For families with three children: $23,000.
The head of the Palacio de Hacienda emphasized that “in addition, once the reinforcement is over, the food card will increase by 30%.”
Particular houses
At the same time, the minister ordered the payment of a fixed sum of $25,000 for workers in private homes. The reinforcement will be paid only once, in two installments and will be proportional to the hours worked.
As reported by the head of the Treasury, the benefit will impact the pocket of 425,000 employees.
In turn, he announced that those employers who register income of up to 2 million pesos per month, the State will reimburse them 50% of the bonus.
Suspension of increase in private medicine
The Minister of Economy, Sergio Massa, presidential candidate of Unión por la Patria, announced the suspension of the increase in prepaid For families with income less than $2 million per month. It’s for 90 days. It adds to the measures reported this Sunday to strengthen the income of citizens.
“We have decided to suspend the increase in prepaid medicine for the next 90 days, for all those households that do not exceed the income of $2 million“, advanced the head of the Treasury in a video on his social media accounts.
Measures for Agriculture
It was announced the zeroing of export duties for a series of products from the regional economies and aid for producers in emergency situations and for industrialists who process soybeans.
He indicated that there will be0% withholding for regional economies with industrial added value such as wine, must, rice, tobacco, forestry production, and citrus peel, among others”.
“All products that have a process of industrialization for the exports, they will have zero withholdings for the purpose of increasing our exports with added value,” the minister emphasized.
Massa also stressed that there will be “a new planting program for wheat and corn with delivery of up to 5 tons of fertilizers for producers in an agricultural emergency based on an agreement with the company YPF Agro”.
The person in charge of the economic portfolio pointed out that “we are going to continue with the program Bridge to Employmentfor the agricultural sector, which transform social plans into employment registered for those who take work in the rural sector, maintaining the plans for one year”.
Massa also advanced a new “Export Increase Program” and said that for products such as flour, oil and soybean pellets we are going to give the possibility of having 25% of the foreign currency to temporarily buy soybeans for processing, maintaining jobs in the industrial plants and generating added value in our soybean industrial complex”.
Strengthen exports
there will be a new US$770 million program for pre-financing of exports:
– US$550 million dollars from Banco Nación de Argentina
– US$220 million from BICE Bank
“The objective is that the companies that sell Argentine work to the world have all the tools to continue increasing the volume of exports and accumulate reserves,” he said.
Enhance Work
The head of the Palacio de Hacienda also announced reinforcements for those who perceive the Empower Work plan.
The beneficiaries will receive a reinforcement of $20,000 to be paid in two installments of $10,000 in September and October, together with the assets that will be updated after absorbing the minimum wage update.
Price Agreements
There will be a “5% path with more than 400 companies that represent 50,000 hygiene products and basic food items from the basket of Argentines,” said Massa.
“For this program we put a benefit of 6% of the total taxes paid by the companies in discount of the VAT and the income tax of each of those companies”,
“We make the effort together, the companies and the Argentine State,” he said.
He stressed that from now on there will be “zero increases in fuel until November 1, and zero increases in medicines.”
Source: Ambito
