Dollar today and blue dollar, LIVE: how much is traded and what is its price this August 10, minute by minute

Because the state would be the big winner if the deductions on the field were eliminated

In his work, Eng. G. Oliverio and Lic. G. López, who developed from the Producing Conservando Foundation, report “it is clear, given the current level of conflict in the economy, that Argentina’s tax problem is central and that, on the ‘increase in taxes, little can be done given that we are at very high levels of fiscal pressure on GDP and not to mention if we consider that we have an underground economy of 40%, which increases the burden for those who pay taxes ”.

Undoubtedly, the problem is fundamentally in spending, although revenue could be improved by reducing informality, the authors argue. Read more here.

The Central Bank has sold $ 64 million and Massa launches measures to stop the loss of reserves

The central bank has less than $ 2 billion in net reserves left over. In the coming weeks, the Minister of Economy, Sergio Massa, will implement various measures to end the bleeding, which has already taken over $ 1,000 million in sales from the Central in less than ten days to cover the demand of importers.

This Tuesday, Central sold $ 64 million, thus losing $ 148 million in just two days.

The central bank has sold nearly $ 100 million a day in the single free trade market (MULC) to meet the demand of importers, who take a similar amount per day just to meet energy purchases. Read the full note here.

The economy has postponed debt maturities to 2023 by $ 2 billion

With a suspenseful ending and strong public sector participation, the Ministry of Economy led by Sergio Massa managed to postpone the deadlines by $ 2 billion to 2023 and decompress payments until next October. It was through the “super exchange” of bonds that took place this Tuesday and that was the first test of the new management in the face of the uncertainty that exists in the face of a challenging second half.

After Economy has defined that it will no longer finance expenses with Central Bank funds, the debt in pesos has become the main mechanism to cover the red of the public accounts. Against this backdrop, the Treasury completed the swap and received a total of 1,233 offers, which represented a total of $ 15,662 million or $ 2 billion, resulting in 85% of the $ 2.5 billion past due in August. , September and October following. Read more here.