The head of the CAME (Argentine Confederation of Medium Enterprises), Alfredo González, explained to Clarín the scope of the recently made official "Cuota Simple" program that will replace the Ahora 12 plan as of February 1. "This program is very welcome,
taking into account that retail consumption has been slowing down
. "
This Wednesday, the Government made the initiative official through Resolution 7/2024, published in the Bulletin.
In this way, the Ministry of Economy created the "Program to Promote Consumption and the Production of Goods and Services" with "financing facilities."
The program will be extended throughout the country and
will come into effect starting next Thursday, February 1
, 2024. The Ministry of Commerce will be the body that will determine the forms and types of Simple Fee financing.
This is a new financing program that changes the number of installments, now giving the possibility of financing in three and six card payments at a subsidized interest rate, which has not yet been confirmed and is in the initiative phase.
The financing percentage that is still being discussed between the Ministry of Commerce, companies and banks would be approximately 77% nominal annually.
"It would be 85% of the interest rate set by the Central Bank
," the head of CAME told Clarín days ago.
Negotiations to launch the new program began at the beginning of the month by the Secretary of Commerce, Pablo Lavigne.
Last week, the Argentine Chamber of Commerce and Services (CAC)
asked the official to extend the program that will end on January 31.
Regarding consumption, the head of CAME indicated that in December "there was a very marked contraction, of 20%" taking into account that it is the month in which people have the greatest availability of money.
In that sense, González added that he hopes that in the coming months this behavior will be reversed.
“Everything will depend on the stability of the macro variables
”, He acknowledged.
The measure comes at a time when basket prices
have increased in all areas
.
The nine major items show a varied average growth, however, this price growth deepens in the following items: Food and non-alcoholic beverages, Education, Health, Home equipment, and Miscellaneous goods and services.
A little more than a month before the beginning of the school year, the measure may also facilitate the purchase of supplies and bookstore items, as well as clothing, footwear, educational services, monitors and books.
Even so,
the impact of the measure will be seen when the demand validates it.
What items will make up the Simple Fee plan?
Glasses and contact lenses
Dress
Educational services
Illumination artifacts
Musical instruments
Personal care services
Bookstore items Toys and board games
Funeral services
Spas
Kit for home connection to public water and sewer services
Alarm installation services
bikes
White line
Event and trade exhibition organization services
Footwear and leather goods
Books
Educational services
Mattresses
Machinery and Tools
Technical Services for Electronics and Home Appliances
Computers, Notebooks and Tablets
Motorcycles
Vehicle Repair Services
Automotive and Motorcycles
Durable kitchen items
Furniture Cell Phones
Medical equipment
Tires, accessories, CNG gas vehicle conversion kit and spare parts for automobiles and motorcycles
Televisions and monitors
Shows and cultural events
Small Appliances
Tourism
Gyms
Perfumery