The exchange rate delay is real and there is high inflation in dollars, rice producers questioned

The exchange rate delay is real and there is high inflation in dollars, rice producers questioned

Alfredo Lago, head of the ACA, questioned the value of the exchange rate and its consequences on the agro-export sector.

From the agricultural sector they once again questioned the exchange rate delay and its negative effect on competitiveness.

Photo: Vecteezy

The president of the Rice Growers Association (HERE), Alfredo Lago, assured that “the exchange delay is real” and maintained that it is a problem that generates problems in the competitiveness for the agro-export sector.

Lago stated that “the exchange rate is a variable that has a strong impact on the country’s competitiveness” and recalled that “the exchange rate delay is real, recognized by the country itself.” Central Bank of Uruguay (BCU)”.

During a speech at the inauguration of the rice harvest 2024 in Tacuarembó, The rice farmer recalled the 2019 electoral campaign and said that today Minister of Economy and Finance, Azucena Arbeleche, “He told us that inflation in dollars is a very negative variable and must be controlled.”

“Wow, today we face a high inflation in dollars, “A situation that particularly affects the rice chain, perhaps more than others, given the high added value of the entire rice agro-industrial chain,” he questioned.

President Luis Lacalle Pou, Alfredo Lago.jpg

Free import of fuels and international insertion

On the other hand, Lago referred to the free importation of fuels, a situation that was supported by the president Luis Lacalle Pou, and pointed out that “the price of gasoil “It is still high and that makes us less competitive.”

“The great actions of the Executive and of Legislative to improve the value of fuels,” he pointed out against the government.

On the other hand, he stated that Uruguay concrete exports for 95% of production, which is why it insisted on improving international insertion. “We must improve relations with the countries of Central America, “They are destinations with much greater potential if we reach an agreement, for rice and several other items,” said the rural leader.

Source: Ambito

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