Argentina President Announces Benefits

Buenos Aires -  Argentinean President Cristina Fernandez doubled the compensation to local milk producers for a liter of milk Monday, as part of the benefits program the Argentinean government is carrying out.

The milk producers are taking months in their demand for an improvement for the sector.

The announcement was made by Fernandez in a ceremony at the Higher Integral Milk Production School in Villa Maria, province of Cordoba.

Fernandez announced the subsidy will be increased from 10 cents to 20 cents for every liter of milk, up to 3,000 liters, for producers able to produce up to 12,000 liters a day.

The Argentinean President highlighted the importance of the dialogue for solutions and exemplified with this decision for a more genuine expression of the support to rural production.

She said that despite the problems generated by the international financial crisis and the fall of the prices in the foreign markets, Argentina is producing 4 percent more of milk, and 14 percent more was exported abroad in the first quarter of this year.

The agreement with the sector is an important effort in difficult moments of the world economy since it is an investment of more than 130 million dollars.

Fernandez remembered the Argentinean society has many pendent debts, but the government has the obligation to get agreements with social, national and patriotic responsibility.
 
 
 


 

 

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