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BUENOS AIRES (Reuters) – Argentina announced late on Friday a package of tax and customs benefits for the oil and gas industry meant to attract dollars to the South American nation, which is battling crippling inflation and a low level of foreign currency reserves.
The measures had been announced on Thursday – and follow other incentives for the agribusiness and tourism sectors also meant to attract dollars – and were formalized on Friday by new Economy Minister Sergio Massa.
www.investing.com/news/forex-news/dollarstrapped-argentina-announces-incentives-for-oil-and-gas-industry-2871790
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