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Without a response for three months, the liaison table once again demanded the extension of the rule that makes credits more expensive for producers

2024-03-27T16:15:42.496Z

Highlights: The ruralistas reiterated the request for a hearing with Santiago Bausili, president of the Central Bank. Without a response for three months, the liaison table once again demanded the extension of the rule that makes credits more expensive for producers. The ruralistas warned about the "severe damage" generated by the excessive increases in taxes and the creation of rates in several districts of the country. They insisted on calling on national, provincial and municipal legislators, who are the ones who approve these measures with their vote.


The ruralistas reiterated the request for a hearing with Santiago Bausili, president of the Central Bank. In addition, they warned about the excessive increase in taxes.


The liaison table once again requested a hearing from the president of the Central Bank (BCRA) due to the increase in the cost of credit to producers and warned about the risks that food imports could generate for producers.

It was after a meeting between the presidents of the rural entities.

The ruralistas reiterated the request for a hearing to the president of the Central Bank, Santiago Bausili, given "the lack of responses to what was requested

more than three months ago,

for the extension of the rule that recharges the rate for wheat and soybean producers with more than 5% of stocks given the credit needs for the next 24/25 campaign".

Also, they warned about the

announcement of facilities for the importation of food

since if there is not equal conditions for local production, it generates a very important risk for producers both due to the high tax burden and the costs generated by inflation, especially in regional economies due to their cost structure.

At the same time, they warned about the "severe damage" generated by the

excessive increases in taxes and the creation of rates

in several districts of the country, which add to the high tax burden, "solely with the aim of collecting more and not rationalizing spending or providing better services.

They insisted on calling on national, provincial and municipal legislators, who are the ones who approve these measures with their vote.

"The high tax burden, which takes 65% of income in general and even more in certain productions, means a significant increase in production costs, not only due to increases in fuels (which have 47% taxes). ), of logistics, and now for the country tax, applied to dollarized inputs," the statement said.

"A large part of the production, and especially the regional economies, are going through a critical situation. Given this situation, it is important to take urgent fiscal measures and, for example, as a signal and stimulus for the next harvest, to announce now a reduction in Export Duties, which would promote and provide predictability that encourages production and consequently the country's economy," the text added.

Source: clarin

All news articles on 2024-03-27

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