What do you think of the withholdings Silvina Batakis, the new minister of the economy

The week starts with Silvina Batakis as the new Minister of Economy following the resignation of Martín Guzmán and it is worth trying to get to know the official a little better and ask oneself, among other things, What do you think of retentions?

Batakis was born in Río Grande, Tierra del Fuego, but he divided his life between Río Gallegos, Rafaela, Taco Pozo (Chaco) and La Plata. He has a BA in Economics and a Masters in Public Finance from the National University of La Plata and also has a Masters in Environmental Economics from the University of York, England.

She was Minister of Economy of the province of Buenos Aires during the government of Daniel Scioli, and currently she has worked as Secretary of the Provinces in the Ministry of the Interior headed by Eduardo “Wado” de Pedro. She was in charge political talks with the Buenos Aires government for sharing funds.

Two years ago, in an interview on Page 12, Batakis said the following regarding export duties: “Withholding taxes give the national government the ability to have dollar resources. Withholding is always spoken of as another tax, and the truth is that although there may be collection targets, a withholding tax has many more functions. “

The definition is from March 2020, when the government increased by two points the withholdings on flour and soybean oil to bring them to 33%, the same as for beans. “Surely the implementation of this withholding has more to do with redistribution of resources, encouragement for the good use of the territorywhich end up running out due to the monoculture of soybeans, and also with the fact that the nation state does not have to go out and buy dollars, which are scarce, so that when in the end it has to go out and pay its debt, it does not have to spend pesos. “