The government is monitoring imports through meetings of the SIRA system committee and conversations with business chambers. The economic team’s next step is “speeding up” the companies’ ability to use “their own dollars” and monitoring commercial debt, which is currently over US$7 billion. In the Economy Ministry, led by Sergio Massa, sources recognize that there may be problems, since the new SIRA system is less than three months old, and there is also a shortage of dollars in the Central Bank. The SIRA system allows them to see a daily calendar with the amounts to be paid according to the imports approved. This could have an “impact on production”: according to the UIA, seven out of ten companies stated that difficulties in supply of inputs could lead to stoppages in some production lines.

Source: Bueno Aires Herald January 17, 2023 20:28 UTC