The divisions that showed the most significant improvements in the last six years were Motor vehicles, bodies, trailers and auto parts, Machinery and equipment, Basic metal industries and Food and beverages with 27.0%, 24.2%, 14.1% and 13.5%, respectively. Only 5 of the 16 items showed a worse performance.
“Due to the containment provided by the national State through subsidized productive credits, programs such as the ATP, double compensation for dismissals without cause, suspension agreements with companies and unions not to dismiss, among other measures, not only was it possible to cushion the impact of the crisis by protecting the industrial productive fabric by avoiding larger-scale destruction, but also laid the foundations for the reactivation of the manufacturing industry“, the report said.
“The continuity of economic policies in order to strengthen the productive sector in a recovery scenario, such as the replacement of the ATP by REPRO 2 and subsidized credits to promote investment in the real economy, generate good expectations in the medium term for the sector,” he said.
At the same time, the UNDAV showed that the use of the installed capacity of SMEs in the month of February of the year 2022 amounted to 70%, exceeding the average levels of 2018/2019 by almost 15 points.
Also, he noted that Between industry and construction, two of the most relevant sectors of the Argentine economic structure, more than 100,000 jobs have already been recovered from the pandemic floor.
Source: Ambito
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