The agricultural sector will benefit from a reduction in the tax burden, while experts warn that its effect on the value of food could be limited by other macroeconomic factors.
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By Ludmila Di Grande The permanent reduction of withholdings on major agricultural complexes ordered by the Government represents a relief for the sector, given that it increases export competitiveness and improves profitability. However, the possibility that the measure may affect price formation has begun to worry consumers. You may be interested in: The IMF's verdict on the progress of Milei's economic plan: advances and the warning about reserves Experts argue that the effect would be limited as various factors are involved. In the short term, the evolution of inflation will mainly depend on other variables. President Javier Milei announced last Saturday at the inauguration of the International Exhibition of La Rural a permanent reduction of export duties (DEX) for key products: beef and poultry meat goes from 6.75% to 5%, corn and sorghum from 12% to 9.5%, sunflower from 7% and 5% to 5.5% and 4%, respectively, soybeans from 33% to 26%, and their derivatives from 31% to 24.5 ...
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