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May 4, 2022
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Arbeleche: “We are in a context of global uncertainty”

Arbeleche

the minister of Economy, Azucena Arbeleche, spoke about the measure promoted by the Senate of the Republic. It refers to removing VAT from twenty items in the basic basket.

Arbeleche argued about the request that was raised to the Executive that “one thing is to give a quick measure and another is to seriously analyze, responsibly, how to allocate the Government’s resources, which are scarce.”

The minister’s statements were made to the Radio Universal station. “We are in a context of global uncertainty. We have not come out of the covid, which constituted an economic crisis – in addition to everything – and now a second economic crisis is superimposed,” added Arbeleche.

This is a product “of the Russian invasion of Ukraine. Therefore, in this framework of uncertainty and in this international context, sanity prevails more than ever, analyzing and being responsible with the solutions that are given, ”he emphasized. However, Mario Bergara, who was Economy Minister during the Mujica era, was close to the Senate’s request.

The approval of the executive is still pending. Bergara He indicated that “it is important that there is more immediate and extensive aid to sectors that are not having a good time.”

Bergara’s opinion after what was first exposed by Arbeleche

What the minute proposes is that “20 products of the basic basket be exempt from VAT for six months, and above all that this exemption be channeled through electronic means, because it is the only way to guarantee this support, this tax exemption that makes the state”.

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