Argentina lost 12 companies per day during the government of Alberto Fernández

The pandemic had a notable impact on the number of small and medium-sized companies in Argentina. D.uring the first 12 months of the government of Alberto Fernández and Cristina Fernández de Kirchner, there was a reduction of 22,500 MiPyMEs.

It is equivalent to 80 fewer companies for each week that has elapsed, about 12 per day.

In a context marked by recession and with the recovery of the following years, only 45% of the lost companies will be able to recover.

Thus, in the first three years of this management, the balance shows a reduction of 12,200 companies, which It is equivalent to 80 fewer companies for each week that has elapsed, about 12 per day. In the first year, due to the effect of the pandemic, there had been a decrease of 22,000 MiPYMEs, which will later be able to partially recover, less than half.

These chilling data arise from the situation report presented by the Mediterranean Foundation by the researcher and university professor Marcos Cohen Arazi.

The current government began with a total of 533,000 MiPyMEs, according to AFIP data.

The document clarifies that the situation certainly differs for larger companies, which had a much smaller decline in the pandemic, and are fully recovered. It can be counted that the number of large companies grew by barely 700 in 3 years, that is, some 87 new ones per week.


The “turnovers” grow

At the same time, according to the Ieral report, the amount of monotributistas hardly suffered from the pandemic and its number it grew hard: 270 thousand new ones since 2020, which implies 1,700 new ones per week.

For Cohen Arazi, the notorious growth of “independents” can explain why ends up being a “Very important tool to facilitate the formal opening of new businessessmall-scale, which significantly reduces costs”

The number of “independent, professional or billing” went from 1.63 to 1.9 million, which implies that 270,000 new businesses or self-employment were created in the simplified regime and, possibly, part of these businesses correspond to registered salaried jobs that were not created.

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