In the first five months of the year, the agro-export sector earned a little more than $13.3 billion. In addition, in May alone, revenues exceeded $3,500 billion, which translates into a year-on-year increase of 16.9%.
The food company Morixe Hermanos announced the issuance of Negotiable Obligations (Bonds) for up to 400 million pesos ($4.23 mn) for a term of 12 months, with principal amortization at maturity and quarterly interest payments. The interest rate will be Badlar, and the margin will come from the bidding. The purpose of this operation is to restructure liabilities.
The National Government's tax collection in May reached 862,480 million pesos ($9.11 bn). In nominal terms, this represented a 72.7% growth compared to May last year and a 5.5% growth compared to April this year. The higher revenues were mainly due to Export Duties (DEX), representing more than 10% of the total and showing a year-on-year increase of 267.8%.
The 19 meatpacking plants that carried out fraudulent manoeuvres with meat exports will receive fines of close to $6 million.
Inflation in May close to 3.6% and already accumulated almost 22% in the first five months and 45% in the last year. The forecast of the consulting firms validated by an official source, which anticipated a slightly calmer result than the 4.1% of April, although it stabilized at a high level, above 3% per month.