The Minister of Economy, Sergio Massa, together with the Secretary of Industry and Productive Development, José Ignacio de Mendiguren, and the Secretary of Energy, Flavia Royon, met this Tuesday with the authorities of industry and production of all the country, with which they carried out “a detailed analysis of the situation of growth, employment and level of productive activity shown by the regional economies”. Likewise, they inaugurated a joint work program to coordinate policies.
During the meeting, the national authorities listened to the managers of the provincial production areas, who showed that since the end of 2019, 22 of the 24 Argentine provinces “have generated formal private work, despite the pandemic and the war”, it was reported. in a statement.
As indicated, over 230,000 jobs have been created across the country from December 2019 to date. And the industrial sector has 27 consecutive months of formal employment growth and reaches a total of 1.23 million jobs.
“It is everyone’s responsibility and obligation to support the level of activity, sustain and improve income levels in Argentina, increase our installed capacity and increase our added value in the export matrix,” said Massa.
“The sum of the loans promoted at a subsidized rate will allow us to sustain the levels of investment, in a year in which, beyond the fact that we have set ourselves to be austere, moderate and realistic in the objectives set in the National Budget, we understand that if we support the level of demand, the internal market and we are expanding the investment capacity in some sectors and we are promoting the SME sector, these will be the biggest generators of growth next year ”, added Massa.
In his presentation, the Secretary of Industry and Productive Development reviewed economic indicators and highlighted the growth in post-pandemic activity. “Economic activity in August of this year showed an 8% higher performance than in December 2019 and showed an expansion of 6.9% year on year in the second half of 2022”, it was reported. .
Likewise, he stressed that “industrial activity in August 2022 was 17% more than in December 2019, while in the first 8 months there was a year-on-year growth of 6.1% and 11, 4% more than in the same period of 2019 The preliminary reports of the last month of September estimate year-on-year growth of 3.7% and 18.3% compared to the same month of 2019 “.
“What we have seen here today is the productive interior that shows its reality, which is very different from the reality they want to show us of an Argentina with no future or hope,” Mendiguren said. “The provinces are growing due to the change in the production matrix. From the national government we believe that Argentina should be a world player in the agri-food, mining, oil, gas, lithium, among others, ”Mendiguren said.
Mendiguren highlighted that “investment is one of the components that is growing the most. In the first half of 2022, investments grew by 28% compared to the first half of 2019 and by 15% compared to 2021. In turn, the second quarter of 2022 was the fourth consecutive quarter in which investments increased, and it is 46.5% higher in the fourth quarter of 2019, reaching the highest level in absolute terms in history “.
For her part, the Secretary of Energy, Flavia Royon, said that “we understand that the best way to work is to have the voice of all the provinces, a federal perspective, to understand the sense of urgency. For this reason it is important that the productive, energy, mining and knowledge economy sectors are central actors that operate in a structured way to achieve the objectives proposed by the Minister of Economy at the beginning of his administration ”.
Mendiguren was accompanied by the Undersecretary for SMEs, Tomás Canosa; the Undersecretary of Industry, Prigioni Makari; the Undersecretary for Business Development, Natalia Del Cogliano, and the Chief of Staff of the Secretariat for Industry and Productive Development, Gabriel Vienni.
Source: Clarin
