In this way, the amount of dollars that accumulate outside the system or in accounts outside the country by local citizens grew almost 1% between March and June. The data correspond to the International investment position (PPI) elaborated by the National Institute of Statistics and Census (INDEC).
The information indicates that contrary to what the economic team wants, which this year to boost the “endogenous dollarization” the Argentines prefer to get their savings in hard currency, rather than transaction.
In what corresponds to The net international investment position, the assets added in the second quarter a total of US $ 470,331 million while the liabilities added US $ 431,731 millionS, of what remained a balance in favor of US $ 38.6 billion.
Of assets, the item “Other sectors” added US $ 407,914 million. Of these the “other investments” item added US $ 248,020 million and of them, Coins and accounts reached US $245,311 million. This last item, which explains the funds of Argentines outside the system, Three months ago he totaled US $242,972 million.
It is the money that is generally mentioned as the funds that Argentines have “outside.” That figure is what caught the attention of the executive director of the IMF, Kristalina Georgieva, In April, when the agreement with Argentina was signed. There the official was surprised and said they could serve the country’s growth if they turned to the system.
Now with the 2026 budget project, The government returns to the load with the idea of ”remumding” The economy with dollars. Includes an article to establish by law the simplified gain tax system.
The system determined for now Through a decree, it establishes that the Customs Control Collection Agency (ARCA) sends the taxpayer a tax settlement in a similar way To what happens with the monotax.
In that ark system it will not investigate the origin of the funds used by three years, instead the 5 usual, to make the principle of fiscal innocence prevail. Reality indicates that people instead of bringing their dollars, continued them taking them out.
Source: Ambito
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