“In the Province, the present State is a symbol of encouraging production, investment and job creationthrough different policies of promotion, financing and encouragement of SMEs Buenos Aires”, said the head of the provincial productive portfolio.
In the statement, the government stated that “Private companies generate 80% of employment in the Province, which is why they constitute a central sector for the economy and the Buenos Aires community.”
It was indicated that during the last year, the private sector of the province of Buenos Aires generated 37,600 genuine jobsthus accumulating a growth of 11.2% in the first eight months of that year.
In this framework, it was pointed out that this implies 31.5% of the new jobs generated throughout the country by private companies, a figure that accompanies the interannual growth of 10.8% in the provincial economy.
In this context, the provincial State carries out different specific policies to promote the growth of Buenos Aires companiessuch as the Multisectoral Business Rounds, the financing programs with subsidized rates for productive investment, or credit tools and technical assistance to promote digitization and access to 4.0 technologies by companies.
Government of Buenos Aires offers tools to the sector
Bank Province Microcredits
The productive portfolio of Buenos Aires, together with Banco Provincia, assisted companies through investment financing programs, for a total amount that exceeds $6,000 million.
“The Province values the decision of Buenos Aires businessmen and women who do not flee their capital, but rather invest it in projects to continue growing, increasing production, generating work and building a virtuous and productive community,” Costa stressed.
He argued that this is possible. “when there is a State present that guarantees predictability, and with a Banco Provincia that, far from dedicating itself to financial timba as at other times in its recent history, is at the service of the productive sectors.”
“For these reasons, in this context of productive recovery, celebrating the National Entrepreneur’s Day it is also celebrating an economic model to build a future”, stated Costa.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
