10/01/2020 - 19:14
Clarín.com
Economy
The government launched an economic package amid the tension over the exchange rate after the new stocks.
They were reported by the Minister of Economy of the Nation, Martín Guzmán.
The measures that the Government announced this Wednesday "have to do with the path of macro management and promote key sectors for the development of
exportable goods
and promote the
domestic market
and, especially construction," said the minister.
These are the economic announcements:
1) The Ministry of Finance will put out to tender next Tuesday an instrument in pesos tied to the value of the dollar.
In other words, Guzmán said
, "an instrument is offered for anyone who wants to tie their holdings in pesos to the dollar.
In this way, he added, these investors can have positive and real returns in pesos.
"It is necessary to advance in the idea that the financial system
channel the savings of the private sector
and productive investments and in a coordinated way the Ministry of Economy and the BCRA advance in macroeconomic policies seeking to generate every day better conditions for production", assured the Minister.
2) Send to Congress a bill that will deduct personal assets from financial assets in pesos, the part that is still recorded today, assets such as negotiable obligations "generating a more virtuous situation for the financing of productive investments."
3) Compensation and encouragement to small soy producers and cooperatives:
Public investment of up to $ 11,550 million for the sector.
4)
Scheme of export rights for the
soybean
complex:
aliquots are temporarily reduced both for foreign sales of soybeans and their main derivatives.
5)
Measures related to the mining sector:
Regulation of the Law of Social Solidarity and Productive Reactivation that established a cap of 8% for metal export duties.
6)
Measures related to the construction industry.
Two bills are being worked on: Tax benefits to stimulate investment in new projects and exemption for three years on financial assets that are applied to new construction.
Income Tax:
Payment of Income Tax and Property Transfer Tax corresponding to the contribution of a property (for example, land) to a construction project is deferred until the time the work is completed or collected.
News in development