In dialogue with Antonio Laje, in La Nación +, the President stated that the rise of the blue dollar does not worry the Government and gave the reasons.
President Javier Milei referred to the rise in blue dollar at $1,180 after the rate reduction ordered by the Central Bank. In an interview he not only gave indications of what the dollar of balance for the Government but also to COUNTRY tax, one of the taxes that generated the greatest revenue for the Government in the first months of the year, key to the exit of the exchange rate.
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In dialogue with Antonio Laje, in La Nación +, the President stated that the increase in Dolar blue It does not worry the Government and explained why: “The BCRA publishes a tweet every day where the purchase of reserves is, the interest rate, and the exchange rate, which is $930. I have 17.5% COUNTRY tax. That gives you an exchange rate of $1,090. That is what the official TC is for us.”


“The blue is $1,180, divided it gives you $1,090, it gives you a gap of 8%. For us the exchange rate is the official +17.5%.”
It is worth remembering that the informal dollar jumped on Monday $60 on day, its biggest daily rise since January 9. He reached the $1,180, maximum in three and a half months. In this way, the gap with the official increased to 32.7%.
Dollar: what will happen to the COUNTRY Tax
For the president,
“The PAIS tax is the one we have in our sights first. When the economy begins to rebound, and we already have sectors that show signs of improvement (…) there will have to be demand that will be pushing and when we open the stocks That is going to happen much more. That rebound is going to generate a lot of tax revenue.
We had four consecutive months of financial surplus and May will also be a surplus and will compensate for the negative number in June. In this context of falling GDP, imagine when it recovers.
When it recovers, I have two options: increase public spending or lower taxes. The first tax we have in mind is the COUNTRY TAX, then withholdings and then bank debits and credits. I have repeatedly refused to share those taxes, because if I share them I can’t get any more out of them2.
Source: Ambito

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