The Governor of the BCRA, Miguel Ángel Pesce, agreed to create a negotiating table with the Argentine Industrial Union (Unión Industrial Argentina, UIA), to improve the regulation of payment for imports so as to optimize resources to support economic growth.
Pesce has met with Daniel Funes de Rioja, President of the UIA.
The BCRA adopted a new import payment scheme to preserve the accumulation of international reserves and the growth of production and employment.
“The complex international situation has significantly increased the cost of energy imports, a cost that is expected to continue high until October, when import demand tends to fall. All those participating in the forex market should help to improve the foreign exchange balance by obtaining financing for the payment of imports,” Pesce said.
