The Secretary of the Presidency assured that it is “very difficult” to reduce the exchange rate gap in the prices of border towns.
The secretary of Presidency, Alvaro Delgadoassured in a press conference that “it is impossible to follow the situation of the dollar in Argentina“, in relation to the exchange gap that exists between the two countries, being a “very difficult” task for the Executive power equating the price differences that the inhabitants of the border towns can access.
According to Delgado, this week several government agencies will surely be meeting to monitor the border economic context. In turn, he indicated that the Executive Branch is studying to establish additional measures to those it has already taken, “to generate more encouragement“, with the purpose that” some people do not cross the border, and generate other types of purchases.
Delgado was optimistic and believes that the measures could even cause some Argentines to cross into the Uruguay for certain goods and services. However, he recalled that “we had two chemically pure years because the borders were closed and no one could cross“, but now due to the exchange rate gap this is happening “in reverse”, since people leave the country en masse.
When asked about the reduction of the Internal Specific Tax (imesi), the Secretary of the Presidency, assured that it is something that is under observation, but he preferred not to “be blunt” in a definition, since “some calculations in this regard, up to the percentage” are still being made.
“We are evaluating a reduction of the Imesi on the coast,” said Lacalle Pou
As part of the celebration for the 160th anniversary of the founding of aceguá (long hill), President Luis Lacalle Pou He affirmed in a press conference that the Executive Power is evaluating a reduction of the Imesi in the coast of the country.
Along these lines, and as a result of being in Aceguá, a binational locality in conjunction with Brazilthe president clarified that the reduction of the Imesi would be destined to the border points with Argentina and not in those that limit with Brazilian cities.
The president remarked that “it is very difficult to follow economic cycles and the economies of other countries“, and in this case, “Argentina is more difficult than Brazil.” However, the head of state expressed “understanding” that people “will buy where it is cheapest.”
Source: Ambito
