This Thursday, May 11, the Minister of Economy sergio masa will announce relief measures for the countryside, especially for the agricultural and livestock sector. The Secretary of Agriculture Juan Jose Bahillo will participate in the act in question.
He field going through an unprecedented drought that has meant to the arcades of the State a loss that many estimate at more than 20 billion dollars due to lack of exports. And although the government defined some measures to prop up the sector with the Agro Dollar 3, which sought to stimulate the liquidation of reserves, andhe project did not give the results that Minister Sergio Massa expected to obtain some 5,000 million dollars.
Until now the field has liquidated about 2000 million dollarsbut although there are still a few days left for the Export Increase Program to end, analysts rule out that the objective set by the Government can be reached.
Massa plays his last three cards to face the economic turmoil
Today, in the search to continue targeting a key sector in the generation of foreign currency for the country, Massa is expected to make a series of announcements to support the agricultural and livestock sector. It would be from the Buenos Aires town of Navarro, as sources from the Ministry of Economy indicated to PROFILE.
Beyond the agricultural setbacks and the very low harvest, reality has shown that the livestock sector also suffers enormous losses.
Drought Tax Relief
At the end of last March, the government announced a package of measures for producers who were going through drought situations that made their plantations vulnerable.
Thus, by means of a decree it was defined that the AFIP established a plan of payment facilities so that the producers, due to the emergency, had the possibility of Regularize all types of tax debt in up to 48 monthly installments.
Drought: they assure that the losses are around 21 billion dollars
you could regularize tax obligations and social security resources, expired or whose expiration date will operate in the month of the presentation of the payment facilities plan, together with their interest and fines.
On the other hand it the intimidation was suspended due to failure to present sworn statements and payment of obligations, tax execution trials and the lifting of embargoes on bank accounts; as well as the payment of advances of the Income Tax; and tax benefits were granted for the forced sale of wombs, among other measures.
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