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June 27, 2022
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Carrier strike: MEF announces measures for interprovincial transport

Carrier strike: MEF announces measures for interprovincial transport

The meeting between representatives of the Executive Power and the cargo transport unions did not reach an agreement, according to what was reported by the head of the Ministry of Economy and Finance (MEF), Oscar Graham, at a press conference. However, he announced that they reached an agreement with the interprovincial transport union the night before the of this June 27.

This was accompanied by three measures, which were detailed by the Deputy Minister of Economy, Alex Contreras.

Contreras reported that they signed an act with the interprovincial transport unions, establishing three economic measures, of which the first is related to diesel.

“Tomorrow (Monday, June 27) a supreme decree will be published that will allow compensating for the elimination of the exemption from the Selective Consumption Tax (ISC) so that diesel prices remain stable for two months and going forward we will We have promised that the adjustments will be gradual, so that they will not generate a significant impact on costs,” he asserted.

He said that the measures they have taken have had a fiscal cost of more than S / 2,000 million and assured that if the price of diesel was not adopted it would have increased by S / 2.50.

He then mentioned the second action taken by the Executive: “We have chosen to expand the refund of the ISC, which is currently at 53%, to 70% during the years 2023, 2024 and 2025. This will give them predictability in their costs, it will to allow significant savings to be generated, will contribute to the reactivation in the medium term”.

He also commented that “thinking about the short term” “a compensation from the state equivalent to 40% of the expenditure made by interprovincial companies on tolls for 4 months for companies that have up to 50 units” has been approved.

In this sense, he stated that the three economic measures are expected to have a significant impact in the short term, “avoiding an increase and generating support for the reactivation.”

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