HALISTER1: Argentina’s Dujovne Says Tax Amnesty Funds Up to ~$100b: Nacion

Argentina’s Dujovne Says Tax Amnesty Funds Up to ~$100b: Nacion

(Bloomberg) -- New Economy Minister Nicolas Dujovne says about $100b has been declared so far in tax amnesty, with ~103b pesos of revenue for govt, according to interview with La Nacion.
  • NOTE: Argentine Tax Amnesty Gathered $90b as of Dec. 26: Prat-Gay
  • Seven-yr bond for tax amnesty funds will not be altered, Dujovne says
    • NOTE: Before he was minister, Dujovne said in televised remarks in Dec. that he favored changing terms of bond
  • Wants to give news conferences every 2 months to update Argentines on execution of plan to lower fiscal deficit
  • Lower fiscal deficit in long term makes peso more competitive
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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