Agreement with International Monetary Fund (IMF), official inside and now Rental lawIn that sense, the National Assembly has taken over the political and parliamentary agenda.stand by“Waiting for the agreement to be dealt with.
Obstacles to discussion Economic project They started in February of this year with a failed extraordinary session. At that time, Congress was eager to meet between February 1st and 28th, and the call included 18 topics, including some of the economic qualities of: Was there. Electric Vehicle Promotion Law, Automotive Industry Law, Argentina Purchasing LawAmong other initiatives.
In principle, the legislators ensured that the agreement with the IMF stipulates the treatment of extraordinary meetings and thus those projects. However, as the legislative agenda for refinancing the International Monetary Fund is now clear, there is no parliamentary move on economic initiatives, and the issues currently under discussion are: Rental lawTaxes and Justice Council projects on undeclared assets abroad.
As if that was not enough, the ruling and opposition parties did not reach a basic agreement to form a committee and launch it only once throughout the Diet. Green light Conditioned by the ups and downs of Argentine politics, the initiative has been in the “freezer” for months.
In any case, the constitution of the 46 Standing Committees, which has not yet been covered by parliamentarians, is finally expected this week, which will remove the obstacles to the operation of Congress.
Official internal law and current leasing law continue on the political and parliamentary agenda
What economic projects are “waiting”
When it comes to economic projects, he is the owner Sergio Massa Vice-ConferenceAs he is trying to handle this kind of series of projects, he guarantees that his circle will seek “as much consensus as possible” to start the discussion.
The consensus that Sergio Massa must achieve is not only after the opposition, but also after the rupture that occurred with the resignation of a member of parliament. Maximo Kirchner And now, dividing the legislators into those who correspond to Frente de Todos and those of La Campora means that we must have a “significant consensus” before the project is presented.
In this sense, one of the initiatives that must be addressed is the investment promotion bill. Automotive industry..The text was created between the Ministry of Production and Development and the entire chain Automotive industry..
In this sense, he said the industry is waiting for the project to be processed. This is Argentina’s strategic sector. In particular, it accounts for 10% of industrial GDP, is a major exporter of industrial-origin manufacturing, and produces 6% of registered industrial employment.
Second, the bill to promote investment in the automotive industry offers benefits such as early return of value-added tax (VAT), early depreciation of income tax and 0% export tax by December 2031.
If the initiative is discussed and approved, the bill text states that the law will cover “investment projects that include regional platforms and the lowest level of domestic content.” Production of cars, pickups, commercial vehicles, buses and trucksEven as Electrification and auto parts.. In this scheme, automobile manufacturing projects should assume a minimum domestic content of 15% in the first 3 years of production, 20% in the next 2 years, and in the case of motorization, 10% in the first 3 years. Will be. The next two%.
The ruling and opposition parties have not reached a basic agreement to form a committee
Electric vehicle bill, an “important” initiative
On the other hand, there is a domestic bill Electric carAgain, there was no date to discuss it, and a few weeks ago on the Diputados TV channel, two lawmakers (Front of All and Together for Change) commented on the initiative.
In this sense, Deputy Daniel Arroyo (FDT) considered it important because he had to go in the 21st century, and added that the electric vehicle initiative was “important.”
“”On the topic of electric vehicles, I think we have the opportunity to seriously discuss the future of Argentina.“, He ruled.
On his side, JxC Rep. Gustavo Santos (PRO) considered the national electric vehicle bill “worthy of much deeper research” and “ours. Energy complex The usual”.
“It’s a law that is very urgent in its proposal and deserves a much more detailed analysis. It is within the general framework of our energy complex analysis, that is, what our energy pathways are trying to do. There must be a debate about whether it is, it is not an analysis, and the problem is not structurally addressed. “
Sustainable mobility, environmentally friendly projects
Sergio Massa needs to reach an agreement with opposition and lawmakers corresponding to La Campola
Promotion bill Sustainable mobility Promote incentives and goals for 20 years to promote the use of technologies that have less environmental impact on mobility in Argentina.
The scheme proposed to be created is temporary, offering 20 years of benefits (decreasing over time) and offering parts and set promotions.
If the project is approved As of 2041, no more internal combustion engine vehicles can be sold across the country. The new law also requires nation-states to respect the allocation of electricity in the exchange of public vehicles and the exchange of motor vehicle.passenger..
Priorities for public purchases from local suppliers
Meanwhile, Congress also needs to discuss the Argentine purchase project. Provider developmentAn initiative that mentions public purchases by the state.
This initiative entered the Vice-Conference in December 2021 and was sent by the State. According to its foundation, the law prioritizes public purchases for local suppliers, facilitates technology transfer processes in favor of local businesses, inserts them into the global value chain, and supports access to international markets. Provides the possibility to do.
If the regulation is approved, it will reach the organization of National governmentState-owned enterprises and corporations, public institutions and trust funds. Licensees, concessions, license holders, and persons authorized by the state to carry out the public works and services of the state and its direct contractors. Legislative power, national judiciary and national ministry of public affairs.
What project are you looking for in agribusiness?
Another economic initiative to be discussed is Promote agribusinessA text sent to the National Assembly by the executive branch last November.
One of the economic initiatives discussed is Promote agribusiness
Regarding the progress of this initiative, what has been done so far is a meeting between Sergio Massa, Minister of Agriculture, Forestry and Fisheries of the State, Frian Dominges and representatives of the Argentine Agricultural Council, Federal, Comprehensive, Bill guidelines to create a system for promoting sustainable, export agricultural industry development.
The project aims to “promote increased investment and employment and increase production and competitiveness in various sectors that are part of the agricultural industry chain.Promote the production of processed foods, agroforestry, agricultural technology and services, pursuing comprehensive utilization of biomass and conversion to high value bio products, improving productivity and quality through greater industrialization. .. “
This rule is valid until 31 December 2025 (may be extended for 5 years), but as stipulated in the rule, the benefits will date back to 1 January 2021.
It should be noted that this project was born from the idea of the private sector within the framework of the Argentine Agricultural Industry Council (CAA) and was later adopted by the government as its own to carry out the project. I have.
Among housing construction and waiting projects
There is also a project to establish a 90-day extension of the Argentine Confederation Construction and Housing Access Incentives, an initiative that includes money laundering in this sector.
Specifically, the rule establishes a 90-day extension of the housing construction incentive scheme and estimates tax incentives for revenue and personal property payments for housing unit construction plans.
With this system, you can start housing planning with money laundering from abroad.
On the economic side, with the exception of so-called tax havens, housing planning can begin with money laundering from abroad.
Hugo Yasky at the forefront said, “With some laws like this, we have sustainability. building“.
“This law is, above all, Residential constructionThis is very necessary and will generate a lot of movement. “
“It would be a good idea to somehow mitigate recession, stagnation, and short employment, rather than reversing the crisis,” he added.
Finally, it was discovered that there was a bill being promoted by Sergio Massa himself, and that the Vice-Chairman was negotiating with Together for Change to address it “as soon as possible.”
This is an omnibus hydrocarbon law, which includes everything from tax exemptions to imported fuels and equipment creation in replacement plans.