The Argentine SMEs Industriales (IPA) announced the delicate situation that the sector is currently going through and warned about the risks it implies for employment and economic activity.
Until now, in the current government administration, more than 20,000 job losses in the Small and Medium Enterprises (SMEs) sector and there is a projection that, starting next month, this trend worsensas anticipated by Industriales Pymes Argentinos (IPA).
“In the country there are about 50,000 industrial SMEs, among which around 15%, about 7,500, are in crisis today,” he pointed Daniel Rosato, president of IPA. And he estimated that some 150,000 workers could be out of work this year in the sector. One of the most affected sectors is, without a doubt, the textiles, where
Rosato said that “the Government does not talk to SMEs”, reported that they have requested meetings with the Minister of Economy, Luis Caputo, several times, and demanded measures to protect SMEs. The sector representative warned about the problems generated in the sector by the lifting of laws such as the Buy National Program, the Gondola Law, and the unrestricted opening of imports, which is promoted by the ruling party.
Likewise, he said that the sector is demanding that the Government lift the Country tax on the purchase of inputs abroad for SMEs. “It is a necessary step to reduce costs and make national products more competitive in the world,” Rosato sanctioned.
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Source: Ambito
