Assistance: companies acknowledge relief, but believe it is not enough

Although there are sectors that consider it insufficient, the business community received as a positive signal the decree that enabled a series of benefits for those activities affected by the emerging paralysis of compulsory quarantine.

However, there remains widespread concern over the operational difficulties in processing access to the Productive Recovery Program (Repro) and also to subsidized-rate loans to pay for wages. In this sense, as has been happening for several days, the main focus of complaint is banks.

The topics were also raised at a table opened by the Ministry of Industry, Commerce and Mining through a teleconference that its owner, Eduardo Accastello, held yesterday with references from the entities that make up the so-called Group of Six (G-6) and Apyme.

In this dialogue, although the commitment to support “all measures aimed at curbing the coronavirus” was underlined, the need to coordinate actions to “mitigate the impact that preventive and compulsory social isolation causes on companies and the productive community was also expressed. provincial”.

One of the central reasons for the exchange was to analyze the financial situation of the sectors with a view to paying March wages. There the expositions maintained with official banks (such as Bancor) and also the different situations existing in private banking were exposed.

In addition, there was a commitment to incorporate “the union problem” in the work agenda.

Ezequiel Cerezo, of the Commercial Federation (Fedecom), considered that the decree published yesterday includes the actions that were demanded before the imminent payment of assets. “These are measures well taken by our sector, we request them to face the social and economic emergency,” he described.

But at the same time, the leader stated that the official provisions “tend to be too cumbersome for the needs of companies” that require “speed of implementation.”

Luis Lumello, president of the Argentine Chamber of Construction, Córdoba delegation, recalled that this activity has been falling for 20 months and a long delay in the collection of public works. “The aid that we require from the State to maintain the necessary job stability is totally insufficient and difficult to apply in our field, in addition to not considering all sectors immersed in this crisis,” he said.

From the Association of Meat Refrigerators and Industrialists (Afic), Daniel Urcia said that the national government “is taking measures based on the increasing crisis.” He also pondered that “they are insufficient”, although he said that the guarantee fund announced by the Nation “helps a little”.

“Sectors, such as banks, have to be made more flexible: the payment chain is complicated because currency cannot be transferred,” he recalled and warned about the lack of solutions for the higher costs faced by companies authorized to operate that have at least one 10% reduction in your staff.

José Giordano, of the Chamber of Entrepreneurs of Automotive and Related Parts (Cerac), insisted that credits to pay salaries “should be at zero rate, with an assimilation of the cost by the Central Bank.”

Likewise, the leader asked that the sector be allowed to function (it includes gomerías), since in many cases these are activities that can be managed, including by their owners, “with all the necessary safety and health regulations.”

Print edition

The original text of this article was published on 04/02/2020 in our printed edition.