According to the consulting firm Ecolatina, Javier Milei will have the highest trade surplus in in five years, with US$15 billion . He attributes this to the end of the drought and the energy savings of the Vaca Muerta gas pipeline. In his last speech announcing the DNU, Milei resorted to an impact phrase. In another sense, she recalled the slogan of the French youth in the riots: "Forbidden to prohibit." But in this case the President spoke of "Prohibiting exports is prohibited" and promised to release the obstacles. According to Ecolatina, "looking forward to, we expect a significant strengthening of the trade balance, close to $15 billion, contributing to the much-needed recom position of the BCRA's reserves.
The result would be produced through the rebound Bahrain Phone Numbers List in agricultural exports , hand in hand with the end of the drought; the reversal of the energy trade deficit, through the implementation of the President Néstor Kirchner Gas Pipeline; a greater contribution from mining; and an increase in import prices, coupled with an economic recession that would tend to limit the demand for imports as a result of lower domestic demand. These days, the BCRA once again accumulated reserves by purchasing US$ 1,895 million since the devaluation, as a result of a greater liquidation of exports and a demand from importers that remains limited. Experts maintain that the net purchases of foreign currency that the Central Bank can accumulate are key since in 30 days the greatest demand for foreign currency by importers would begin as a result of the established scheme.
In January, in addition, around $1.5 billion of sovereign debt matures and the thick harvest is still far away, since it begins to be marketed in March. Ecolatina listed the measures that would benefit exporters, make imports more expensive and facilitate a trade surplus. They are the following: Changes in the exchange regime Increase in the official exchange rate of around. Allow exporters to settl of foreign exchange to the CCL dollar. Increase in country tax on imports from 7.5% to 17.5% . A positive interest rate in dollars: the rate in pesos is higher than the mobile exchange rate (the increase in the official dollar.