Yesterday the government decided to implement measures to facilitate imports of basic products and also medicines. Something he produced a strong adverse reaction between the different production sectors: from large industries to smaller ones.
Representatives of the Union of Industrialists (UIA) stated in principle. their concern about what they see as unequal treatment for the sector.
“While domestic producers will have to pay in four monthly installments and with the PAIS tax the inputs necessary for production, importers of finished goods will be exempt from taxes and will have full access to the necessary foreign exchange in a single 30-day payment,” they stated. complained.
“The announcement made today seriously undermines the competitiveness of companies that operate, produce and employ in the country”, concluded the UIA, which He also warned of declining activity levels.
Meanwhile, when asked about the impact of the opening of imports, CILFA, the chamber that brings together the national laboratories, commented that “it is premature to draw conclusions. We’ll see with the regulation in hand”commented a source from that entity.
As for the change in tax rules, the impact among local producers will be substantially financial. “But the economic effect of the tax is not eliminated, the advance is excluded,” clarified the source.
Regarding the impact of the official measure, the president of Industriales Pymes Argentinos (IPA), Daniel Rosato, warned that the national government’s decision to ease and reduce taxes on imports of finished products from the basic basket “will cause the bankruptcy of thousands of industrial SMEs and massive job destruction, which will generate a spiral of economic and social crisis for Argentines.”
Furthermore, he regretted that the national authorities identified those responsible for the price increases in Argentine SMEs, which caused the inflationary increase, noting that “the increase in production costs, which generated the release, was not taken into account”. of prices, after the December devaluation, nor the unprecedented profitability of the large supermarket chains, which managed to almost double the prices sent by the factories”, said the SME leader.
The IPA manager underlined that “the Government’s decision to import finished products, also eliminating taxes, This goes against what is happening in Argentina, where taxes for SME production have been increased. What the national administration should have done is remove taxes and commit factories, but especially large companies, to lower prices. By destroying the local offer you don’t find solutions, but you create more problems,” she said.
Source: Clarin
