ANNOUNCEMENT 16 Mar 2015

In March 2015, the government of Argentina announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Government of Argentina (2015) "Est?mulo al peque?o productor granario".http://www.argentina.gob.ar/noticias/3450-est%C3%ADmulo-al-peque%C3%B1o-productor-granario.php

Resoluci?n N? 126 de fecha 16 de marzo de 2015 del MINISTERIO DE ECONOM?A Y FINANZAS P?BLICAS
http://www.infoleg.gob.ar/infolegInternet/anexos/245000-249999/245021/norma.htm


Inception date: 01 Jan 2015 | Removal date: 01 Jan 2016
Still in force

Financial grant

On 16 March 2015, the Argentinian Ministry of Economy and Public Finances announced the creation of an "Incentive program for small grain producers".
The program consists of monthly payments to small grain farmers throughout the year 2015. The amount received by each farmer decreases with the total output registered for that farmer in the 2013/14 harvest. Only farmers with an output below 700 tons of either wheat, soybeans, corn and / or sunflower may participate.
On 13 April 2015, the Presidency of Argentina allocated a total of 2,500 Million Pesos (USD 285 million) to the program. Payments were made retroactively from January 2015.
 
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.

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AFFECTED PRODUCTS