“In the context of the provinces that are part of the NEA, Misiones leads widely as the province with the largest and fastest growing private labor market in the region. 36.7% of NEA jobs are in Misiones, which is also the only province with more than 100,000 registered formal jobs; while Chaco registers 76.7 thousand; Currents, 77.6 thousand; and Formosa, 26.7 thousand”
“Together with this indicator, which measures the creation of private employment, a whole series of associated indices also forcefully show the explosive growth that the province is experiencing in economic matters. It is a surprising growth cycle, a phenomenon worthy of study and analysis to verify the success of a development model based on the articulation and symbiosis between the public and private sectors”.
The consulting firm Politikon Chaco adds that “going deeper into the data on employment, the evolution of two sectors eloquently reflects this growth: taking the percentage variation between January 2020 and January 2022, with an increase of almost 70% Misiones is the third province with the highest relative increase in the amount of employment in the software sector; In relation to the forestry industry sector, as of 2019 Misiones had 318 companies dedicated to sawing and planing wood compared to 137 located in Corrientes; and taking data from last year as a reference, Misiones has 5,414 jobs linked to sawmilling, compared to 2,177 in Corrientes”.
Trade, exports and construction
According to Politikon Chaco regarding trade, taking the year-on-year variation between March this year and March last year, “Sales in supermarkets in Misiones increased by 62.1%, being the seventh province with the highest increase. As for exports, with a total of 465 million dollars in 2021 (8.1% more than in 2020), Misiones is the NEA province that exports the most. In reference to the construction sector, the variation rates of the dispatch of bags of cement and the creation of jobs, in both cases, far exceed the national average. On the other hand, by 2021, Misiones was the province where motorcycle patenting increased the most.
“Together, all of these data demonstrate that what we are experiencing as a province is much deeper, more stable and more lasting than a simple commercial situation associated with the exchange rate and the associated benefits through border trade. The growth that Misiones is experiencing is not a ‘summer’, an isolated contingency, but rather constitutes a process of sustained economic expansion that we have been going through for 20 years. Its deepening since 2020 is the result of two decades of public policies that strengthen the synergy between the public and private sectors, with a provincial government focused on getting companies to settle in Misiones to invest and generate added value”; said the Minister of Finance of the province Adolfo Safrán.
“At the same time,” he added. It is the result of the support and expansion of different tools, such as the Now Programs, which take care of the salary of the missionaries and encourage consumption, generating a multiplier process throughout the economy; also of the different actions carried out by the Ministry of Industry, the Institute for Agricultural and Industrial Development, the Misiones Ministry of Agriculture and the Misiones Ministry of Family Agriculture, to cite some examples of portfolios linked to economic development; and last but not least, it is a cycle of growth associated with the idiosyncrasy of the missionary entrepreneur, who constantly reinvests and innovates.”
Safrán stressed that “the maintenance of this development model also responds to the strategic vision of leaders such as the president of the Chamber of Deputies of the Province, Carlos Eduardo Rovira, and also to the execution capacity of solvent and committed officials, such as the former Governor Hugo Passalaqua and the current Governor Oscar Herrera Ahuad.
Source: Ambito
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