Wine sector: the National Institute of Viticulture finances its growth with new tariffs

Wine sector: the National Institute of Viticulture finances its growth with new tariffs

The regulations emphasize the importance of maintaining the quality of the services provided by the INV and preserving the competitiveness of the wine sector as a whole.

In order to guarantee the financial self-sufficiency of the National Institute of Viticulture (INV) and dispense with financing from the National Treasuryin line with the strategy outlined by the Government to reduce the fiscal deficitan update of the tariffs associated with chemical, physicochemical and microbiological analyzes was implemented, as well as the provision of complementary services.

According to the Resolution 23/2024 of the Ministry of Economy and the Secretariat of Agriculture, Livestock and Fisheries, published this Tuesday in the Official Gazette, This measure has the main objective of ensuring the operational viability of the INV, “finance your daily activities, future investments and meet the installments of a current loan“.

Key points of the measure

The tariffs corresponding to the chemical, physicochemical and microbiological analyzesas well as the complementary services offered by the INV.

The new tariffs will provide the INV with the necessary resources for its continued operation, the making of strategic investments and the fulfillment of financial obligations, “including the installments of a previously obtained loan”according to the official text.

The regulations emphasize the importance of maintaining the quality of the services provided by the INV and preserving the competitiveness of the wine sector as a whole.

Entry into force

The measure will come into effect on the fifth business day following its publication in the Official Gazette, thus ensuring a smooth and timely transition for all parties involved.

Source: Ambito

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