The Minister of Productive Development, Matías Kulfas, today announced the implementation of two new financing lines for SMEs. The amount earmarked for these is around $70,000 million. These will have an initial quota of $50,000 million for exports and $20,000 million for import substitution.

Kulfas spoke about the context in which this public policy of supporting exporting SMEs is defined and assured that we are facing a stage of “geopolitical” changes and “different from globalization” in which there are “shorter value chains” and “tighter supply” networks.

On the other hand, he affirmed that “With these lines (of financing) we seek that the investment processes are not slowed down through subsidized rates”