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Official: the government freezes tariffs and closes the price agreement against inflation

The measures taken by the national government to mitigate the effect of inflation and stimulate consumption have been officially known this morning before President Maurice Macrie's announcement through the clip.

According to the text provided by Casa Rosada, the package includes the freezing of tariffs for public services, such as gas and electricity, and an agreement with companies that market first-line products to ensure that "60 basic products from the base basket maintains their prices for at least six months. "

The plan, which was set out in the small Cambiemos table, also includes measures for "prices and consumption"; on tariffs for transport and mobile telephony; on social benefits with discounts on medicines for beneficiaries of the Universal Additive for Children (AUH) and the re-launch of Procrear.

In addition, a payment plan will be introduced in Afip, it will define benefits for traders and reduce detentions faced by exporters of small and medium-sized enterprises (SMEs).

Arrangement on prices for essential products

  • With 16 leading companies, it was agreed that 60 basic baskets will maintain their prices for at least six months.
  • Among these 60 products are oils, rice, flour, noodles, milk, yoghurt, yerba, tea, sugar, cans, polenta, biscuits, jams and beverages.
  • The companies have committed themselves to ensuring the availability of products in the gondola at 2,500 points of sale, which will be held throughout the country. They will be available from Monday, April 22.
  • The Ministry of Internal Trade, with the support of consumer associations, will monitor compliance with the agreement.
  • Selected prices are on average or below the current average of each of the categories.
  • The agreement is in the context of supply prices, which currently includes 579 products across the country with a discount of 25% on average.

Benefits and loans Anses

  • The Anses Benefits network will start to operate with discounts between 10% and 25% for 18 million people who benefit from Anses in supermarkets, clothing, lighting, travel and tourism, appliances, home appliances and building materials
  • Discounts are made by: pensioners and pensioners, pensioners without contributions (large majority, due to disability), universal pension for the elderly, holders of universal child allowance, recipients of unemployment benefits, family allowances (formal employees). ), Progresar Program Progresar, Household Service Providers, We Make the Future, Productive Community Projects and the More Life Buenos Aires Program.
  • Beneficiaries can access discounts with their debit cards linked to Anses.
  • A new round of Anses credits. In addition, the offer of Anses loans will be restored and extended with higher amounts and more installments. Anses loans are available for pensioners, beneficiaries of pensions without contributions, universal allocation of child and family allowances. There are around 18 million people in total.
  • The investment foreseen for this round of loans is 124,000 million pesos.
  • Anses Loans have the lowest financial cost on the market, with rates of 40% per annum. In addition, those who already have a loan can accept a new loan and refinance the previous loan. In any case, the value of the fee may not exceed 30% of the monthly payment.
  • Over the course of these years, nearly 8 million Anses loans were issued, which beneficiaries worked at home spare parts, are facing unforeseen costs or paying more expensive debts.
  • In this new version, the amounts for pensioners are doubled. Now they can take loans up to 200,000 pesos, which need to be repaid in 24, 36, 48 or 60 installments. For beneficiaries of universal child allowances and family allowances, credits will amount to up to 12,000 pesos per child in 24 or 36 installments. Those who receive a non-contributory pension (PNC) or a universal old-age pension (PUAM) can claim up to 70,000 pesos in 24, 36, 48 or 60 installments.

Law on Commercial Loyalty

  • The government will approve a new regime of commercial loyalty by means of a decree whose main objective is to prevent the abuse of dominant positions or the possible monopoly behavior of large companies.
  • The Internal Trade Secretariat will have more powers to sanction unfair or anti-competitive behavior. Protect consumers, small businesses and SMEs.
  • Over the years, a new competition law law has been sanctioned, giving more power to the National Commission for the Defense of Competition (CNDC) to control and punish anticompetitive behavior.
  • The CNDC investigated the possible monopoly behavior in dozens of markets, some of which ended with companies that were giving up their dominant positions, such as the Prisma case, a Visa representative in a country that was forced to find new owners and was open to competition in the management with credit cards. Is the obligation that one of the main companies in the dry pasta industry dispose of its dominant position. Another example is the notebook, a market that has reduced prices by 35% due to the introduction of increased competition.

Pieces of meat at affordable prices

  • Export refrigerators have agreed to sell 120,000 kilograms per week of baked, vacuum and matamis to 149 pesos per kilogram (final price) at the Central Market Trade Fair and at the outlets of each refrigerator.
  • For reference, the central market sold approximately 70,000 kilograms of meat per month.
  • These pieces will be available when the new system is completed within 10 or 15 days.
Sica, Dujovne and Stanley. (Federico López Claro)

Electricity, gas and transport

  • For the remainder of the year, the national government will no longer have a rise in prices for electricity, gas and public transport for families.
  • Housing electricity. There will be no new increases. Two increases, announced by the end of 2019, will be taken over by the national government.
  • Gas The increase has been in use since April (10%), a temporary increase for the next two months (9% in May and 8% in June) will be the last year.
  • In addition, in the winter months, consumers with the lowest consumption will receive a 22% discount on the price of gas that users will pay in the summer accounts. This will allow you to "settle" the final bill during the winter and summer months. The costs of postponing these payments will be borne by the national state.
  • Transport and tolls. By the end of the year, the number of buses and city trains will not increase. There will also be no increase in tolls depending on the national government.
  • Important Note These notices refer only to electricity, gas and transport sections that are dependent on the national government. This is not affected (because this is not your responsibility) on the distribution of gas and electricity, and public transport, which depends on the provinces or municipalities. If in the next few months the user sees an increase in the gas or electricity bill or the price of a bus ticket, this will be the result of the decision of their regional or local government.

Mobile phone

  • The operators have agreed to keep mobile phone prices for prepaid lines for five months, until September 15th. The action uses 35 million active lines.

Discount up to 70% for medicines for AUH beneficiaries

  • Guarantees of General Allocation for Children (AUH), We make future, complementary productive projects and the More Life program in the province of Buenos Aires and their family group will have access to discounts between 20% and 70% for medicines in one network of 5,000 pharmacies distributed all over the country. There are approximately five million beneficiaries.
  • This benefit will allow many families without health insurance access to one of the main benefits of health insurance: a discount on the price of medicines.
  • Loans for gas connections. Loans for connection to the natural gas network will be expanded to reach 70,000 households who still use bottles even though they live on the gas network. The gas network is safer, more comfortable and economical.
  • The program enables the connection to the natural gas network with a low interest rate and in 60 fixed installments of 489 pesos. The loan is paid together with the account and households automatically receive the rate of social gas for six months.

New call in Procrear

  • The call for a new call for the ProCreAr plan will open so that 10,000 new families can access their home and join 30,000 who have already written thanks to the Procrear Plan.
  • As in previous tenders, the family will contribute a portion of the value of the house (in this case 10% of the price) and the national states 20% with a non-refundable subsidy. The average subsidy will be 550,000 pesos.
  • On the other hand, the compensation will be designed to alleviate the situation of those who currently have mortgage loans in UVA and perceive a significant increase in quotas.

Payment plan Afip

  • Afip will introduce a new payment plan to regulate the tax debts of all taxpayers, with a lower rate than those from previous plans and longer-term to denounce them.
  • It includes principal tax debts (such as VAT, income and personal assets) that fall due on 31 January, including deductions and tax payments.
  • The new plan can accommodate up to 60 meals (previous ones have reached 48 meals).
  • The maximum interest rate for SMEs will be 2.5% per month, lower than in previous plans and well below market rates.
  • Other taxable persons may also have a monthly rate of 2.5% if they make an initial payment of 20% of their debt.
  • The first meal will expire only on September 16 this year. All planned plans can be presented without restrictions. Better business conditions
  • The period in which traders receive money from credit card sales is shortened. Today, payment cards pay for any sale within 19 business days of the transaction. Now, with a decision by the central bank, they will do so within a maximum of 10 business days.
  • In addition, banks will not charge fees (today between 1% and 2%) of SMEs to receive cash. This situation was not regulated by the BCRA, which will now determine the regulation and ban the commission.

Minor retention for export SMEs

  • Export rights (deductions) are excluded for all those companies that export above the average of last year's exports. The measure is valid only for exporters that cost less than $ 50 million annually.

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