More than 12,000 SMEs closed under Milei’s administration

[MilHojas]

Argentina: More than 12,000 SMEs closed under Milei’s administration - Prensa Latina

Buenos Aires, June 26 (Prensa Latina) From January 2024 to the same month in 2025, more than 12,000 small and medium-sized businesses closed due to economic adjustment policies during the first year of Javier Milei's administration, according to the SME Industrial Observatory.

www.plenglish.com

 

[antipodean]

Little more than a headline.. no information given about the closures (e.g. what is the source of the raw data, how it compares to previous years, how many companies closed were just "paper" companies and how many were actually trading, or what impact on employment or poverty it has or does not have)

The source, PrensaLatina is also Cuban state media/ propaganda.

 

[MilHojas]

no information given about the closures (e.g. what is the source of the raw data

Informes – IPA

ipa.com.ar

 

[antipodean]

Informes – IPA

ipa.com.ar

"In short, the Argentine economy enters July with a considerable improvement in some of its macroeconomic indicators (Public Spending; Inflation; Exchange Rate; International Reserves), but with other indicators that are generating more doubts than certainties (Economic Activity; Consumption; Employment; Industrial Activity; Foreign Trade) and reflect a productive structure that remains weakened. Can this two-speed economy be sustained? For the moment, everything seems to indicate yes, although we will have to pay close attention to market expectations in the coming months."