antipodean
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- Oct 20, 2019
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Extremely low income persons get $10.000 a month.5 months, that's really tough on people. Does not gov give individual any financial help?
And does small business get any financial help too ? I really like to know and compare. Suddenly there is surge in Vietnam, China and HK and Greece. We are not going to isolate this problem away, only vaccine and drugs can get rid of it.
Some small businesses get a small % of their payrolls covered by ANSES, they need to make up the rest. Gradually this is being phased out.
Zero interest loans are available to autónomos and businesses, although usually for very small amounts.
Businesses are forbidden from suspending, furloughing or firing staff and must generally pay 75-100% of salaries depending on union agreement.
Argentina has consistently been rated as the (or one of the) hardest hit countries in the world economically thanks to government decisions and an unparalleled impediment to the economy. Tens of thousands of businesses have already gone bust and “for lease” signed are everywhere. It has only just begun.