In recent weeks, the obstacles applied to importing companies to enter the market and pay their obligations have increased substantially. Given the shortage of dollars in reserves, the deadlines granted to importers are not being met and access to the official dollar is increasingly limited.
“Towards the end of July, we began to detect the first cases where some SIRAS were approved, but the initial date or term was not charged. The companies began by making claims to the AFIP, then went to the Secretary of Commerce, but did not obtain a solution.” Explains Lic. Lojo and adds “With the implementation of the COUNTRY TAX for the payment of imports, the systems were readjusting and many operations could not be processed because the CCUCE did not work. But what began to surprise at the beginning of August was that the access deadlines were postdating”.
“At first, the companies detected that the delay was for a week, but time passed and they postponed it again, and this week the data has been directly deleted” warns the owner of the Lojo Consulting. “Every day we receive inquiries from clients and from many companies that when validating the operations the CCUCE throws a new error” But the drawbacks do not stop there “The CCUCE has been working intermittently, and that means that payments abroad cannot be validated.”
“Many companies have been wanting to honor their supplier debts for weeks, and yet they only continue to fall behind. There are cases where the payment chain has been broken and the exporter threatens to initiate legal action, others where shipments have been suspended until the situation is regularized.”. And add “Nobody is responsible, and companies are about to enter into cessation of payment. Many importers brought inputs to produce, they estimated a cost and today they find that if they access the market it will be at a higher exchange rate, with a new tax, but what is most worrying is that they are not certain when they will finally be able to make the payment.” And he adds a significant detail: “Importers would not have a problem at this point in entering the financial market to pay their commitments, but current regulations prevent them from being trapped in a vicious circle.”
It ends by pointing out the impact on the real economy “If the suppliers stop supplying us, the production chains of our country will be stressed and may even have stock breaks. At the same time, this will affect exports. Urgent solution needed”
Lic. Yanina S. Lojo
mg. in Finance Management
www.consultoralojo.com
@mg.yaninaslojo
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