Rosato Warned that the Closure of the Sme Secretariat Can Generate More Company Closures

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To the critical situation faced by small and medium-sized enterprises, was added the closure of the national agency, where the sector raised problems...

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Daniel Rosato, head of Argentine SMEs Industrialists, expressed his concern about the closure of the SME Secretariat and warned that the measure could accelerate the closure of companies in the midst of a strong recession and lack of affordable financing. Add post Daniel Rosato, president of Argentine SMEs Industrialists (IPA), spoke with Canal E after knowing the ... Rosato warned that the closure of the SME Secretariat can generate more compan…

El Intransigente

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Daniel Rosato, president of Industriales Pymes Argentinos, said that the closure of the Secretariat PyME left the sector without tools and that many companies already think about shrinking or closing. The post SME entrepreneurs warned for the closure of Sepyme: “There is no future for the sector” appeared first on El Intranssigente.

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This week, the secretary of Small and Medium Enterprises, Entrepreneurs and Knowledge Economy, Marcos Ayerra, resigned and the government, instead of appointing a new authority, decided to close the key agency for the SME sector.In this framework, the entrepreneurs expressed their concern and warned that this is a "coup to the productive institutionality of the country" The functions of the dissolved SME Secretariat will be absorbed by the head …

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Daniel Rosato, head of Argentine SME Industries, expressed concern about the closure of the SME Secretariat and warned that the measure could accelerate the closure of companies in the midst of a strong recession and lack of accessible financing. Read more

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They admit, however, that the agency lacked the resources to carry out financial or fiscal assistance policies. "Without resources that secretariat makes no sense," said one entrepreneur.