companies request zero rate ANSES credit

Businessmen asked him about the need to urgently implement aid to the chief of staff, Santiago Cafiero

The Argentine Confederation of Medium-sized Enterprises (CAME) requested this Wednesday the national government to implement the delivery of a special allowance for small and medium-sized companies to pay the entire amount of the bonus that will be paid in July.

The request was addressed to the Chief of Staff, Santiago Cafiero, and the benefit is focused on companies with less than 40 workers through the ATP program.

For the companies with the largest number of employees, CAME requested the total financing of the payment of the half annual supplementary salary through a Anses credit with a return in 10 installments at zero rate.

Christmas bonuses: businessmen call for urgent action

“Given the impossibility of extending the Commerce emergency agreement, signed in May between the business sector and FAECyS, and the lack of agreement to comply with the payment of Christmas bonuses in installments, from CAME we ask for an urgent response from the Government” , the business entity maintained in the note sent to Cafiero.

“We ask the chief of staff, Santiago Cafiero, to grant small and medium-sized companies of up to 40 workers the subsidy of payment of 100% of the first payment of the Supplementary Annual Salary (SAC), through tools such as the Program Emergency Assistance to Work and Production (ATP), “said CAME.

In the midst of the crisis, companies are looking for a solution for the Christmas bonus.

While for those that exceed the number of employees mentioned, the requirement is “that they can obtain direct financing of the entire half bonus, through the Anses, and with a refund of ten installments with zero rate

“This request lies in the difficult situation that the sector is experiencing, considering the little or no activity in most of the productive and commercial items. That is why at CAME we require that this special contribution be granted for the full amount,” he explained. At the same time, the business entity justified that the measure “will contribute to stimulate internal consumption, an essential condition for the economic and social recovery that will follow the pandemic.”

¿Aguinaldo in quotas for private?

The leader of the Argentine Industrial Union (UIA) José Urtubey, assured this Wednesday that the Government will not authorize by decree the private sector to pay the Christmas bonus in installments, and maintained that this decision must be negotiated by each branch of activity.

“The Minister (of Productive Development, Matías) Kulfas confirmed to us that the ATP it will not reach Christmas bonuses. And there will also be no presidential decree for the private sector to pay the Christmas bonus in installments. That will depend on the negotiation of each sector, “stressed the businessman.

The fragmented payment of the annual supplementary salary -which different business sectors seek to apply- was officially arranged for the workers of the National State, who will receive it in up to three installments.

The Government will pay bonuses in quotas to state companies, but there will be no decree for private parties.

The Government will pay bonuses in quotas to state companies, but there will be no decree for private parties.

Furthermore, he estimated that the ATP Program “will continue to be less thorough and selective. For example, companies with more than 800 employees will not enter“that they can benefit from the payment of up to half the salary by the national State.

In the meeting that Kulfas and the UIA held on Tuesday, the manufacturing plant raised the “need to deepen and increase the current supply in the lines of productive financing.”

This would be destined to face the working capital of the companies that return to the activity, as well as to cover “the payment of wages and solve the difficulties that arise with the payment of Christmas bonuses”, according to the UIA after that meeting, which was carried out by videoconference.

On the other hand, Urtubey warned in radio statements that 11% of industrial companies “are on the verge of bankruptcy” due to the impact of the pandemic and quarantine on productive activity.

Also, he said that “there are companies in the interior where the virus does not circulate but that are not in a better situation than in the AMBA.”

Regarding the extension of social and compulsory isolation, he commented: “We are concerned. The quarantine has an impact in terms of the market.”

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