This Tuesday at 6pm the leaders of the Liaison commission for agricultural entities (EAEC) and the Agri-food table They will meet the Minister of Economy of the Nation, Sergio Massa and the Minister of Agriculture, Juan José Bahilloto hear a detailed report on the Government’s proposals to alleviate the harmful effects of the drought which has been penalizing agricultural production for three years and which has worsened in recent months.
While not yet having details on the measures that will follow them in the meeting to be held at the headquarters of the Ministry of the Economy, the presidents of Coninagro, Rural Confederations (CRA), Agricultural Federation (FAA) and Rural Society (SRA), will insist on more urgent requests for tax relief, suspension of IRPEF advances and IRPEF withholdings, the granting of concessional credit lines so that the producers can pay off their debts and also get the money to enable them to face the next campaign and rebuild the cattle. It is that the prolonged lack of rains has resulted in the reduction or total loss of crops and pastures, as well as a large mortality and premature sale of animals, and the liabilities that will remain large.
We will have to see if Massa makes one return of the withholding tax reduction analysis that SRA presented at the previous meetingin which it is shown that with the cost implied by the Export Increase Program or “soybean dollar” the export tariffs on all agricultural products could have been lowered by 52%.
In addition, the head of that entity, Nicolás Pino, asked this weekend at the inauguration of the Neuquén Rural Expo, the one-year extension of the payment of social security obligations in order to maintain employment and accompany the producers in this critical moment. He also reiterated the importance of establishing a single exchange rate restore the profitability of the sector.
Source: Clarin