Buenos Aires, December 29 (NA) – The president of the Argentine Industrial PyMES (IPA), Daniel Rosato, considered that the economy has two speeds and accused the Government of leaving small and medium enterprises “to chance”. The industrial representative insisted that the sector is suffering from a drop in the level of activity and job loss, and uncertainty about the future of this industrial fabric is growing. To avoid a permanent recessive crisis, he demanded: “Formation of an industrial plan that institutes accessible financing, differentiated public service rates for production, control of imports, and incentive to consumption to reactivate demand”. “The IPA Observatory report confirmed that the national Government decided to leave the survival of industrial PyMES to chance, not only for neglecting the needs before the brutal drop in consumption and its immediate effect on factories and employment; but also for maintaining tax pressure on the productive sector while releasing all types of imports,” Rosato complained. In a statement received by the Argentine News Agency, the president of IPA stated: “The lack of an industrial plan cannot be compensated for by the fiscal surplus, or the drop in inflation, which are two good news for the country, but that should never be linked to a mortality of companies that puts social stability at risk due to lack of employment”. He added: “It is yet to be seen if it was a clumsiness of an inexperienced Government or a real objective to destroy the local industrial conglomerate”. “We are in time to avoid the catastrophe, because it has become totally clear that the two speeds in which economic activity moves have unbalanced the productive and labor scenario, since the sectors that benefited from the economic model implemented so far have not managed to compensate for the job losses,” he insisted. In this context, he asked Minister Luis Caputo to open up to dialogue to find a way out of a social crisis, because “some measures can save national factories”.
