A decree issued by the new government in Argentina on Saturday increased taxes on exports of soy, wheat, and corn in the new Argentine a blow to farmers in that grain-exporting country in order to increase the returns needed to avoid defaulting on a large sovereign debt.
The new Argentine
The government of center-left President Alberto Fernandez, who took office on Tuesday, raised the prices of soybeans, soybean oil, and soy feed from about 25 percent to 30 percent and raised taxes on corn and wheat from about 7 percent to 12 percent.
The decree also raised taxes on beef exports from seven percent to nine percent.
And farmers in Argentina had widely expected their profits to be hit by some form of tax hike as a result of the government facing $ 100 billion in debt rescheduling talks.
Argentina is the third-largest exporter of corn and soybeans and is the largest supplier of soy feed.
Argentina faces huge debt owed in 2020 and difficult financial goals agreed with the International Monetary Fund under a conditional loan agreement of $ 57 billion agreed with the former president of the country in 2018. Fernandez said that the agreement with the International Monetary Fund should be modified.
The importance of the feasibility study report
The importance of the feasibility study report, if you have some experience with feasibility studies, you may know that this report is very important
It greatly helps to get the most professionalism and success in the project that you are thinking of,
It is also often the responsibility of the project manager to control the writing of the report and it is comprehensive for all aspects of the project.
The importance of writing the report is to provide legal and technical evidence of project vitality, sustainability, cost-effectiveness, and project success
And obtaining profits, it also allows the process of preparing reports for higher management
In order to obtain the necessary information needed to make major decisions regarding budget preparation and investment planning,
Therefore, we will provide you with some important information on the importance of the feasibility study report.