Argentine president: Grain export tax hikes to fund social programs

[Judi Lynn]

Argentine president: Grain export tax hikes to fund social programs


www.chinaview.cn 2008-06-10 10:32:30

BUENOS AIRES, June 9 (Xinhua) -- Controversial hikes in Argentina's grain export taxes, which have caused months of protests by farmers, would be used to fund social programs, President Christian Fernandez said Monday.

She said the hikes would fund a national plan to build hospitals, houses and roads. It is the first time she has elaborated on how the extra revenue will be spent.

"I ask that all Argentines commit themselves to the fight against poverty and the redistribution of wealth," Fernandez said.

Argentina's farm union leaders urged their members on Sunday to end their strike against the tax increases and restart dialogue with the government.

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