Massa announced that September collection grew 150%, above inflation

Massa announced that September collection grew 150%, above inflation

October 2, 2023 – 15:54

The Minister of Economy and presidential candidate of Unión por la Patria pointed out that “everyone can be calm from a fiscal point of view” because he is “obsessive that Argentina has to reach balance.”

The Minister of Economy and candidate for president of Unión por la Patria, Sergio Massaanticipated this afternoon on C5N that September tax collection recorded “an increase of 150% annualized” and pointed out that “everyone can be calm from a fiscal point of view” because he is “obsessive that Argentina has to reach balance.”

“I am convinced that the country has to build fiscal balance, trade surplus, accumulation of reserves to gather the dollars to pay the International Monetary Fund (IMF) and get it out of the country,” Massa said this afternoon in statements to Argenzuela with Jorge Rial.

The minister thus anticipated that The report that the Federal Public Revenue Administration (AFIP) will provide this afternoon on the collection of the ninth month of the current year closed above inflation.

Last Saturday, the head of the General Directorate of Customs (DGA)William Michelsaid that the growth in collection will exceed 148% annually and that this will make it possible to offset the expense of the latest measures announced by Minister Sergio Massa.

When asked about the financing of measures such as the elimination of the Income Tax for the majority of workers or the refund of the Value Added Tax (VAT), Michel, in statements to radio Miter, pointed out that “the collection will exceed the $4.1 trillion.”

“Excluding foreign trade, which is not comparable because the soybean dollar had a historical record of US$ 8,163 in settlement in September of last year, taxes will grow above 148% year-on-year with VAT growth above 180%, in debits and credits of 128% and in social security of 125%”, Michel specified on that occasion.

Source: Ambito

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