2023-08-20 01:48:56
August 19, 2023 – 22:48
The economic team of the ruling party maintained an extensive work day that culminated in the assembly of a package of measures focused on the productive, social and labor aspects.
The economic team of the ruling party, headed by the Minister of Economy Sergio Massa, had a long working day which culminated in the assembly of a package of measures with focus on the productive, social and labor aspects.
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The contingency plan It will be announced following the trip that the official will lead to the United States, according to official sources. The assembly maintains two objectives: recover income and correct the pitfalls it generated in economic activity the devaluation “that forced the International Monetary Fund (IMF) to do”as they say from the Ministry of Economy.
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“It was a day like any other, not a weekend. Here we worked as if it had been Monday”, they report from the halls of the building, located at Hipólito Yrigoyen 250. The officials that make up the economic cabinet began to arrive at eight in the morning and left at eight at night, following twelve hours of work. The meetings were held in two or three rooms simultaneously, between the Manuel Belgrano room, the Scalabrini Ortiz room and Massa’s own offices. “Measures aimed at production, the field, the industry, particularly SMEs, were analyzed,” says a member of the meeting and highlights: “We want this package to have a direct impact on workers and consumption.” In addition, they assure that they began to discuss the initiatives with the different sectors involved.
The meetings are part of the end of a busy week for Unión por la Patria, which began with a correction of the official exchange rate of 21.8%, bringing the official dollar to $350, under a promise to keep it that way until October. The surprise caused a setback in prices and in the gap with financial dollars, which reached 109%, according to Portfolio Personal Inversiones (PPI). Consequently, Remarks were noted in key sectors such as food, construction, medicines and fuels. For seventy-two hours, merchants and industries were unable to buy, sell or set budgets due to the level of uncertainty that the situation warranted.
In this context, on Wednesday Massa announced that “there will be a fixed sum for the workers.” Measures to recover purchasing power are also being studied to retirees, pensioners, and holders of Family Allowances. In addition, price agreements were reached with supermarkets and wholesalers, oil companies and laboratories to agree on a 5% monthly increase guideline until October 31, in exchange for tax benefits. The purpose of these commitments is to moderate inflation estimates for August, which are around 10%, according to private consultants.
The conference was led by the articulating arms of Massa in different organizations: Leonardo Madcur, Marco Lavagna, Eduardo Casal, Guillermo Michel, Matías Tombolini, Juan José Bahillo, Carlos Castagnetto, Juan “el Vasco” De Mendiguren, Fernanda Raverta, Kelly Olmos, Silvina Batakis, Juan Manuel Olmos and Victoria Tolosa Paz. From the Ministry of Economy they indicated that this Saturday “was a day of a lot of management and meetings, the search for solutions, many movements, entries and exits.” The members will be the same, together with the national cabinet, those who should call for a “great national agreement”, if they comply with what Guillermo Moreno proposed to Malena Galmarini, in a meeting that took place yesterdayr, requested by the owner of Aysa herself to the former Secretary of Commerce. The key: discuss “the unity of Peronism, the government platform and the economic policy from now on”, sources familiar with the meeting say.
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