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The economic cabinet meets every Wednesday at the Casa Rosada under the coordination of the head of the Cabinet of Ministers, Santiago Cafiero. But today, after INDEC officialized a worse than forecast decline in economic activity, Alberto Fernández He decided to personally participate in the meeting that is taking place at the Olivos Residence.
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Although it was confirmed near the President that the Government does not plan to make any kind of economic announcement for after the meeting, there is an expectation that the president will provide some kind of message to the population, which today begins a new stage of quarantine, in dramatic circumstances from the economic point of view.
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As reported, the Ministers of Finance, Martín Guzmán; of Work, Claudio Moroni; of Productive Development, Matías Kulfas; the deputy chief of staff, Cecilia Todesca. Also, the holders of the Central Bank, Miguel Ángel Pesce; from AFIP, Mercedes Marcó del Pont, and from ANSES, Fernanda Raverta.
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“Specific announcements have already been made”, they specified from Olivos. For example, the continuation of the suspension of precautionary measures for MiPyMES taxpayers and the extension of the suspension of prosecution proceedings. The ATP Program was also extended, with the aim of sustaining aid for the payment of complementary wages and employer contributions that accrue in June, always taking into account territorial health schemes and the extension of the benefit of zero-rate loans. until July 31.
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The expectation today is focused on the possibility that the Government may provide some specific signal of concern about the economic outlook, a lawsuit that was sent to him by nearby businessmen when equally severe forecasts were known for the month of June and even for July, given that the restrictions are being reinforced as of today.
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Yesterday the Casa Rosada disclosed that the President had abandoned the expropriation of Vicentín and also from YPF it was reported to Infobae that “there is no possibility” that they can make a trust to intervene in the Avellaneda company, since “the corporate purpose of the company does not allow it”. However, officially no one spoke about it and given the successive twists and turns it is difficult to generate the certainty that private individuals need to make investment decisions.
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