Government analyzes new price and salary agreement with unions and businessmen

Government analyzes new price and salary agreement with unions and businessmen

For this reason, the Secretary of Domestic trade, Robert Felettiled a meeting on Wednesday with representatives of local businesses with the aim of bringing the program Prices Care to this sector in the coming weeks.

This is a plan that the Government has after having extended the basket until June 30 and that seeks to reach an agreement with this segment for 100 products.

For this purpose, Feletti summoned these minorities to a meeting in which supermarkets and wholesalers also participated.

During the meeting, the secretary remarked that the desire of his portfolio is to “extend the program to the largest possible number of marketing outlets.”

In that sense, he stated: “We are seeking to reach an agreement with local businesses, we are going to try to agree on a number of products less than the program of the large chains, according to the size of the business, which self-services and stores are going to have to offer at the price previously agreed with the Secretary”.

The Government also decided to form a work table to analyze with real estate agents and tenant representatives, the current crisis characterized by the lack of supply and the indexation of contracts.

The initiative was agreed upon after a meeting held by the Secretary of Domestic Trade, Robert Felettiwith representatives of the Argentine Real Estate Chamber (CIA).

During the previous year, inflation was around 50% and the increase in rents exceeded 52% and it is estimated that in the first quarter of 2022, it could reach 15%.

Despite criticism of the current Rental Law and rumors of possible repeal, it is still in force and tenants are beginning to negotiate the annual renewal of contracts.

The contracts that must be renewed must contain an accumulated increase in 2021 of 52.8%, as reported by the Zonaprop real estate portal. The rent for a two-bedroom apartment is $46,890 per month and a three-bedroom unit rents for $65,703 per month, according to that survey.

Source: Ambito

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