2024-10-18 01:32:00
The Central Bank of the Republic of Argentina (BCRA) announced a new flexibility on Thursday stock For the company. This is a reduction in the conditions that imports have to pay. According to banking industry sources, the new measure will be implemented next Monday.
BCRA announced its decision to “shorten the foreign exchange market (MLC) access conditions for import payments” through an official statement. He also pointed out: “Goods with payment terms still up to 60 days may be paid 30 days after customs entry registration.”
economy. The government reduces import tariffs on 89 products
Through this measure, payment terms will be unified for all goods in the economy, except those for which MLC is immediately available (such as energy). So far, cars and luxury goods, as well as “other goods” that take 60 days to pay, account for 50% of imports.
In addition to this, the bank also announced that payment terms will be the same for all companies, regardless of size. Accordingly, they stated that the goal of the resolution is “to normalize the payment of import flows and provide greater predictability to the production chain, with a double positive effect: continuing to promote economic recovery and reducing the impact on the prices of imported goods”. commodity.
cost. Government removes barriers to construction material imports
Shortly after the central bank’s decision was announced, Economy Minister Luis Caputo expressed support for flexibility. The official posted on his X account: “We continue to normalize the foreign exchange market.”
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