Categories: Economy

Warning from the UIC for the lack of dollars: “We are reaching a terminal situation”

The president of the Industrial Union of Córdoba (UIC), Luis Macario, warned this Friday that this productive sector is reaching “a terminal situation” due to the lack of dollars.

“There is a constant change in the rules of the game,” Macario said in statements to El Doce.

“Payments for capital goods are made in 365 days. That does not exist commercially,” said the head of the local industrial entity.

Yesterday the Central Bank issued a resolution that obliges the provinces to pay debt with their own dollars.

Once the new restriction for access to the dollar market was known, the Government of Córdoba announced that it would initiate an appeal for protection in the federal Justice so that this measure would be rendered ineffective.

You may also like

Anna Edwards

Recent Posts

CSR cases in Azerbaijan’s energy sector: safety and community focus

Azerbaijan’s economy is strongly tied to oil and gas. Large-scale projects such as Azeri–Chirag–Gunashli (ACG),…

3 days ago

What goes into a haute couture show?

The term haute couture evokes images of opulence, artistry, and the pinnacle of fashion design.…

3 days ago

Net energy and engineering milestones: where do fusion projects stand?

Understanding Net Energy in FusionNuclear fusion seeks to generate energy from fusion reactions in amounts…

3 days ago

Why is industrial IoT shifting towards predictive maintenance and autonomy?

Industrial Internet of Things, often called Industrial IoT or IIoT, has evolved from basic connectivity…

3 days ago

What makes a haute couture show unique?

The term haute couture evokes images of opulence, artistry, and the pinnacle of fashion design.…

3 days ago

Why are subscription fatigue and churn management critical business concerns?

Subscription-based business models have reshaped how consumers access software, entertainment, fitness, education, and everyday services.…

3 days ago