The measure represents an important step towards consolidating the country as a benchmark in the knowledge economy at a time when total exports of services fell by US$13 million year-on-year.
The Secretariat of the Secretariat and Medium Enterprises expanded the “INSERT” program, which aims to promote employment and development the knowledge economy in small and medium-sized enterprises. He did it through the Resolution 113/2024, It seeks to refine its objectives, broaden its scope to include different professional profiles linked to the knowledge economy and extend its term of validity.
Key aspects of the resolution
It is worth remembering that The INSERTAR program was an initiative of the previous government aimed at promoting job creation in the sector of the knowledge economya growing area that ranges from software development to biotechnology.
The current administration’s measure comes at a particular time for the sector, since In the first quarter of 2024, exports of knowledge-based services fell by 3.3% year-on-yearIn the case of services, the cut was 0.3% year-on-year. The decrease is associated with the depreciation of the official exchange rate, which reduces the value of sales measured in hard currency.
And according to private estimates, total exports of services fell by US$13 million year-on-year and will consolidate at values similar to those observed prior to the Covid-19 pandemic.
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Objectives and scope of the measure
The resolution seeks to fine-tune the program’s objectives, broaden its scope to include different professional profiles linked to the knowledge economy and extend its term of validity.
For this reason, changes are being introduced to the bases and conditions of the programme, such as the elimination of certain requirements (such as registration in the Single Registry of the Productive Matrix) and the clarification of others.
The government also reiterates its interest in promoting the participation of all Argentine provinces in the program, seeking to strengthen the knowledge economy at a national level. It also seeks to provide greater flexibility to the program to adapt to the changing needs of the sector and the beneficiary companies.
Source: Ambito
