Similarly, according to official data, financing to small businesses continued to grow during May, with a monthly increase of 1.5% in real terms compared to last April, and 32% annual compared to May 2021.
Meanwhile, if the first five months of this year are taken into account, credit to SMEs grew by an average of 24%.
For its part, the accompaniment of the strengthening tools and programs to promote the productive investments of SMEs reached a total of $1.22 billionaccording to the report, citing data from the Central Bank (BCRA) and the National Institute of Statistics and Censuses (Indec).
“More than half of the financing to companies provided by the Ministry of Productive Development goes to MSMEs, protagonists of the productive reactivation of Argentina, with investment projects to expand, train their personnel, export and continue adding value to the country. “, affirmed the secretary of Small and Medium Enterprises and Entrepreneurs, William Meredizit’s a statement.
Source: Ambito
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