Government of Argentina implements price program for meat in the face of high inflation

The Minister of Economy of Argentina, Sergio Massa, announced Monday the implementation of a program that will guarantee a greater supply of beef together with the reduction of prices in a context of high inflation. The head of the economic portfolio reported that the "Program Comprehensive for the Promotion of Meat Production and Consumption" covers seven "grill" cuts, of massive consumption in Argentina, with a 30% reduction in prices from next February 17 to March 31." Every Argentine who goes to buy these cuts at the supermarket is going to find that these cuts, as of Friday, have a 30 percent price reduction and also a supply volume that is six times what we brought here," said the minister together with portfolio officials during the announcement. The Executive reached an agreement with supermarkets and exporting refrigerators in the country to offer some 18,000 tons of beef over the next month and a half. na, all of which represents 25% of national monthly consumption. ...