US Edition
Milei Slashes Export Taxes on Key Farm Argentine Products
9 Articles
9 Articles
Argentina's President Milei, fearing price increases, reduces export tariffs on agricultural products and thus the revenue possibilities of the state. There is no support for pensioners and the poor.
By Elisa Corzo After rejecting the increase in retirements, the law of financing the national universities or the law of Disability on the grounds that they put the fiscal surplus at risk, the government now decided to benefit the agro-exporting sector with a decrease in the retentions to soybeans and their by-products, to corn, sorghum, wheat, barley, sunflower and meat. The argument? To provide greater competitiveness to an activity that is a…
President Javier Milei announced a significant permanent reduction in export taxes applied to agricultural products, a measure that seeks to boost production and exports, but also poses challenges to the country's public finances. The reduction will affect key products such as beef and poultry, soybeans and their byproducts, corn, sorghum, sunflowers, wheat, and barley. This measure implies, for example, that export taxes on meat will drop from …
A great move was made by the government with the announcement on Saturday of the reduction of the retentions.Beyond that the road to travel is not short, the signal was given at the right time with a fiscal cost that does not check the surplus and with a political and economic impact that can be superior to the imagined one.It is a sector that has been suffocating it since 2002, when Roberto Lavagna reinstated the withholdings to exports, a tax …
The president of Argentina Javier Milei announced this Saturday during his speech in La Rural a decrease of "permanent" retentions to meat, soybeans and other grains.The president began his speech by thanking the invitation to the event and highlighting the quality of the production of the Argentine agriculture." Exactly a year ago I promised them a change. At that time we did not reach our hands to list the infinite problems that affected the A…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
