Feb 27 • 20:30 UTC 🇦🇷 Argentina La Nacion (ES)

"Nefarious": Adorni spoke about the withholdings and reaffirmed that the Government will continue with tax reductions

Manuel Adorni, Argentina's Chief of Cabinet, addressed the inauguration of a production line by Louis Dreyfus Company, emphasizing the government's commitment to reducing taxes amidst criticisms of past agricultural policies.

At the inauguration of a new milling line at the Louis Dreyfus Company (LDC) complex in Timbúes, Santa Fe, Manuel Adorni, the Chief of Cabinet of Argentina, spoke passionately about the agricultural sector's role as a key driver of the national economy. Accompanied by notable figures including Karina Milei and Martín Menem, Adorni criticized past government policies that he claims have exacerbated problems for farmers and producers. He asserted that the agricultural stakeholders have faced numerous obstacles, including economic instability and increasing taxes, which he referred to as 'nefarious withholdings'.

During his speech, Adorni highlighted a recent investment of over $20 million by LDC in the new production line, a move that underscores the potential growth of the agricultural sector despite the ongoing challenges. He expressed hope that the current administration would shift direction, focusing on tax reductions to alleviate the financial burdens on farmers, which he believes is essential for stimulating economic development within this key sector. The context of his remarks reflects a broader national conversation about optimizing agricultural policy to foster growth.

Adorni's comments on the agricultural policies come at a critical time in Argentina, where inflation and economic unpredictability have troubled the sector significantly. The response from agricultural stakeholders remains to be seen, but his reaffirmation of tax reductions provides a glimpse into the government's strategy to regain the confidence of a sector viewed as vital to the country's economic recovery. This situation highlights the ongoing tension between state policy and agricultural interests in Argentina's economy.

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