The disposition “affects only Simi B, it is the smallest part of imports”an official source told Ámbito, who argued about it: “It is extended because you are recovering the commercial credit and you have to deepen the actions so that it is sustained over time. Since March, the obligation to finance 180 days has made it possible to generate commercial credit for more than five billion.”
In August, in addition, the preliminary figures show that imports remain in the record zone, without considering the effect of energy.
After that announcement in June, the president of the BCRA, Miguel Fish, had indicated that the measure sought “sustain economic growth and the development of SMEs by avoiding speculative maneuvers on imports”.
In this way, the small and medium enterprises were exempted of the current requirements to finance its imports for an increase of 15% over the previous year, with a limit of up to US$1 million.
Likewise, the SIMI category A maintained access to the foreign exchange market for the equivalent of the monthly average of imports of 2021 plus 5% or 2020 plus 70%.
On the other hand, it was noted that the SIMI category B, corresponding to non-automatic licences, they will be able to access the market 180 days after dispatch to the market.
It was also arranged at that time, in coordination with the then Ministry of Productive Development, to expand the tariff positions of goods equivalent to those produced in the country that will have access to the market from 180 days and that of luxury goods that will be able to access from of the 360 days.
Regarding imports of services, they were equated in treatment to that of goods, allowing access to the market for the same amount as in 2021 and in case of exceeding the amount, the balance at 180 days.
Source: Ambito
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