Government allocates $ 487 million in fiscal credits for business development

Government allocates $ 487 million in fiscal credits for business development

February 21, 2025 – 08:25

The approval of these training projects represents a key step to strengthen the competitiveness of small and medium -sized Argentine companies. Because the government considers that it promotes its growth and sustainability in a challenging economic environment.

In a decisive step for strengthening micro, small and medium enterprises (MSMEs), the Ministry of Economy approved a total of 103 projects of training, with a tax credit allocation for an amount greater than the $ 487 million.

This measure, which is part of Law No. 22,317 and its modifications, seeks to encourage the growth and professionalization of SMEs, key sectors of the national economy. The measure was formalized this Friday, February 21 through the Resolution 32/2025.

In total, 277 projects were evaluated and 103 complied with the criteria established in the call for the training program of small and medium enterprisesunder the tax credit regime. These projects include modalities such as staff training, associative groups, and infrastructure strengthening.

The details of the measure

The assigned fiscal credit, which is distributed among the different modalities of the approved projects, aims to improve the competitiveness of SMEs, allowing them access specialized training and technical resources to optimize its operation. This effort is part of the budget approved by Law No. 27,701, which establishes an annual quota for this type of initiatives.

With the implementation of this measure, the Government reinforces its commitment to the SME sector, key in employment generation and in the impulse of the local economy, and advances in its objective of creating a favorable environment for the development of entrepreneurships throughout the country.

Pre-approved projects include open and closed training activities, technical assistance and the adaptation of facilities, all under the specific supervision and regulations issued by the Ministry of Economy. This investment not only seeks to improve the training of management, technical and professionals, but also strengthen the infrastructure of SMEs, opening new possibilities for their growth and expansion in the market.

With the publication of the resolution in the Official Gazette, the execution of these projects begins, whose impact is expected to be significant for the country’s economy in the coming months.

Source: Ambito

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