The Minister of Productive Development, Matías Kulfas, assured that the government will take measures for the price increases registered in the week. In addition, he sent a strong message to entrepreneurs: “We are going to demand that entrepreneurs roll back prices that have no justification.” “Some hikes have no justification, we are going to be very hard because that has to stop immediately. We are going to use the tools that the Executive Branch has, such as the supply law and other mechanisms to take care of consumers in difficult times,” the official said in radio statements to Futurock on Sunday morning.
In addition, he remarked that “we are a government of dialogue and persuasion, but if on the other side we do not find an adequate response and what there are are excuses or speculative practices we will act with the full weight of the law. In the week we are going to demand that entrepreneurs roll back prices that have no justification. If there are unjustified increases and there is no readjustment of the scheme, we will take action.”
“The first objective is to stabilize the situation that is exacerbated by the rise in raw material costs. In recent weeks there have been unjustified and unacceptable increases and we want to discuss them with the chain to stop them immediately,” the minister added.
On the other hand, he anticipated that “between Tuesday and Wednesday, the Secretary of Domestic Trade Roberto Feletti will announce some specific measures regarding local businesses. We are seeing a huge price spike that we find unacceptable.” After the approval of the agreement with the International Monetary Fund (IMF), the minister indicated that “we have reached the best possible understanding” and sent a message to the internal of the Frente de Todos “the people did not vote for us to make speeches against the IMF, but voted us to solve the problem.”
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