In what was a meeting of the Board of Directors of the Industrial Union where the delegates from the interior set out their problems, the concern for the productive catastrophe caused by drought, he dominated the bout.
The assembly read the institution’s report which estimates the loss of income due to the drought 20 billion dollars. And the reading of the industrialists is that they it will further limit access to dollars to import inputs.
By the way, after the government issued about 22,000 import permits 15 days ago, there have been no problems with the operation of industrial facilities this time.
Fear, on the other hand, is for the brake on economic activity that began to manifest itself at the end of 2022.
In a post-bout statement, they noted, “Over the past few weeks there is a drop in production expectations for the coming quarters. The rising costs of production and financing, the importance of enhancing access to foreign exchange for the acquisition of imported inputs, the tax cost on the formal sector and the demand to avoid the creation of new provincial and/or municipal, were some of the problems raised to give continuity to the production process”.
Charles Arterburn is a seasoned business journalist for News Rebeat, where he provides comprehensive coverage of the latest trends and developments in the world of finance and economics.