ANNOUNCEMENT 03 Oct 2016

The new plan to boost regional development includes export refunds and production subsidies.

NUMBER OF INTERVENTIONS

2

  • 2 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Presidency of the Nation. Presidencia de la Nación. El presidente Macri presentó el Plan de Fortalecimiento de las Economías Regionales. http://www.casarosada.gob.ar/slider-principal/37457-el-presidente-macri-presento-el-plan-de-fortalecimiento-de-las-economias-regionales

Inception date: 03 Oct 2016 | Removal date: open ended
Still in force

Export subsidy

On October 3, 2016, the President of Argentina, Mauricio Macri, presented the Plan to Strengthening Regional Economies (i.e. Plan para el Fortalecimiento de las Economías Regionales). The programme included several different schemes focusing on several development issues including agriculture. With this regard, the Government allocated circa USD 171 million (ARS 2,600 million) to pay export refunds of milk, meat, sunflower, flours and products from the forest and fishing industries.

Inception date: 03 Oct 2016 | Removal date: open ended
Still in force

State loan

On October 3, 2016, the President of Argentina, Mauricio Macri, presented the Plan to Strengthening Regional Economies (i.e. Plan para el Fortalecimiento de las Economías Regionales). The programme included several different schemes focusing on several development issues including agriculture.

One of the schemes concerned the creation of Agroindustry Trust Fund to which the Government allocated circa USD 109 million (ARS 1,700 million) in order to assist the Argentinian agroindustry in financing working capital, new infrastructures and logistics. 

 
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