[Micro Feature: Investment and Consumption] Argentina to Expand Export Incentive Plan
liuyang83
发表于 2023-10-24 18:54:38
3421
0
0
On the 23rd, Argentina announced that it would expand the scope of its export stimulus plan and extend it for one month from the next day. According to the preliminary vote count released on the same day in Argentina's presidential election, the current Minister of Economy, Sergio Massa, took the lead and entered the second round of voting. According to Reuters, the above plan was previously only aimed at exporters of soybeans and their derivatives, and will now be open to all export sectors. Massa said at a press conference with foreign journalists that this measure will take effect on the 24th, and Argentine agricultural export companies will be able to enjoy preferential policies on foreign currency exchange. Massa also stated that he will promote budget reform in 2024, achieving a basic fiscal surplus of 1% of gross domestic product (GDP), while according to previous predictions, Argentina's deficit will account for 0.9% of GDP. According to him, the fiscal surplus will come from budget cuts and tax incentives approved by Congress. According to Reuters, Massa took office as the Minister of Economy more than a year ago and experienced Argentina's worst economic crisis in 20 years. The Argentine National Institute of Statistics and Census released a report on the 12th, stating that Argentina's inflation rate in September was 12.7%, the highest level in a single month since February 1991. The cumulative inflation rate in the past 12 months has reached 138.3%, and the cumulative inflation rate since the beginning of this year is 103.2%. The market expectation survey report released by the Central Bank of China in September predicts that the country's inflation rate will reach 169.3% in 2023. The preliminary vote results released by the Argentine National Election Commission in the early morning of the 23rd showed that no candidate was directly elected in the presidential election held on the 22nd. The candidate for the centre-left ruling coalition, the National League of Nations, the current Economy Minister Massa, and the candidate for the far-right electoral coalition, the "Free Forward Party" and Congressman Javier Mille, entered the second round of voting. Argentina's international sovereign bond prices and stock market fell on the same day. (Liu Xi)
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- What happened to Argentina after being relegated from 'developed country' to 'developing country'?
- Sources say that the Argentine central bank plans to temporarily maintain policy interest rates unchanged.
- Once rich enough to make Europe envy! How did Argentina get to where it is today?
- Late at night, the Argentine stock market surged by 20%, but the exchange rate collapsed! The new president once claimed to "blow up" the central bank and fully dollarize
- Argentina's Grain Trade Almost Paralyzed: Drought Causes Soybean Shortage, Farmers Expect New President to Adjust Exchange Rate
- Argentina's economic experiment is about to take place! Today, the global market will witness the impact of "shock therapy"
- HSBC Holdings plans to sell Argentine business to Galicia for $550 million
- Argentine President Mile is reported to meet with Zuckerberg at the end of May
- Big news suddenly spreads on the super track! Argentina will increase lithium production by a significant 79% in annual production capacity
- Argentina's lithium production capacity is expected to skyrocket by 80%, industry response: planned expansion has limited overall impact
-
2024年11月7日,由新华社新闻信息中心、新华社上海分社、新华社品牌工作办公室主办的“品牌·让世界更美好”中外品牌论坛在上海举办。此次论坛,理想汽车荣获“通用ESG企业评价规范”年度最佳品牌奖。理想汽车将 ...
- cool88817
- 半小时前
- 支持
- 反对
- 回复
- 收藏
-
何思文表示,“在进博会这个平台上,我们开启的是倾听模式,通过进博会展出各类产品,收集消费者的需求和反馈,进而帮助决定未来进口到中国的产品。过去,汽车行业的许多创新源于美国加州或欧洲。我相信,中国正 ...
- MaxLucky
- 7 小时前
- 支持
- 反对
- 回复
- 收藏
-
11月5日至10日,第七届中国国际进口博览会(下称“进博会”)在国家会展中心(上海)举办。在进博会期间,平安健康医疗科技有限公司(下称“平安健康”)与美敦力(上海)管理有限公司(下称“美敦力”)达成战 ...
- Hidden2
- 前天 17:06
- 支持
- 反对
- 回复
- 收藏
-
今年上半年业绩表现低迷的百胜中国在第三季度打了个“翻身仗”。11月4日,百胜中国发布三季报显示,今年第三季度,其净利润同比增长22%。而在第一季度、第二季度,该公司净利润增长率分别为-1%、8%,第三季度净 ...
- nihaosifa
- 前天 15:35
- 支持
- 反对
- 回复
- 收藏