The national government announced on Tuesday a series of emergency measures to help producers cope with the drought, among which are the development of revolving funds to reach small producers, the suspension of advance payment of Income Tax , the suspension of tax execution lawsuits and embargoes of current accounts, among other points.
The decision was transmitted on Tuesday afternoon by the Minister of Economy, Sergio Massa, during a meeting held at the Palacio de Hacienda with the members of the so-called Agro-Food Table, which includes the main agricultural entities grouped in the Table of Link.
During the meeting, the creation of a “revolving fund” for 5,000 million pesos was announced to reach small producers that will be channeled through agreements with provinces, municipalities and/or agricultural cooperatives, a system with which it aspires to assist 18,000 small producers.
“We are going to suspend the advance payment of income tax for all those producers with difficulties or covered by the emergency,” Minister Massa said in a statement.
Massa announced that they agreed with the AFIP to suspend the tax execution trials and the seizures of the current accounts of all the producers affected by the emergency.
“All these measures represent an enormous effort by the National Government, but it is the result of the work of different areas of the Government at the dialogue and work table with the four entities of the Liaison Table plus two entities that also represent the producers. That from the dialogue and work table we can get results in the emergency is very important,” the minister stressed.
“Maybe it’s not all they asked for, I know, but it’s what we can at this time,” Massa said before the representatives of the field.