A project tries to limit crossings to Argentina to combat the exchange difference

A project tries to limit crossings to Argentina to combat the exchange difference

November 24, 2023 – 20:05

The initiative was presented in Parliament and proposes establishing daily quotas, taking into account citizens in vulnerable situations.

Capture: Underlined

The exchange difference with Argentina It is a problem that affects the situation of the country and because it was presented in the Parliament a project to set quotas, with the aim of trying to combat the inconveniences generated by the constant crossings of Uruguayans to make purchases.

The proposal, presented by the lawyer Carlos Cabrera, native of Paysandu, one of the departments most affected by the price gap, proposes implementing a registry and control over border crossings to limit trips to Argentine territory, according to El Observador.

The text, presented before the Parliament’s Special Border Commission with Argentina, proposes to cross-reference the data through a computer system that takes data from the General Tax Directorate (DGI), the Social Security Bank (BPS), the Customs and the Ministries of Social development (Measures) and Inside.

The project plans to use this information to give a “socioeconomic score” to people who wish to cross to “benefit” the most vulnerable, since it would only allow 1,000 people to cross per day.

The exchange rate difference with Argentina generates different complications

The effect of exchange difference with Argentina It is felt in various areas of the country. On the one hand, it negatively affects company sales, while it also discourages consumption internal and also causes a decrease in the collection.

The impact on the perception of DGI was admitted months ago by the Minister of Economy and Finance, Azucena Arbeleche, who maintained that “Uruguayan purchases in Argentina harm the growth and tax collection of Uruguay”, while recognizing that “the budget’s consumption and tax collection projections incorporate consumer spending in Argentina”.

In turn, a report of Exante indicated that, of the 3% growth of internal consumption that will occur in 2023, half will be carried out in neighboring countries, with the Argentina at the head among the chosen destinations.

Source: Ambito

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