Argentina footwear industry crisis: 150 factories closed, 10k jobs lost
Published 4 h ago1 sourceEvidence: Reported
Argentine industrial leaders, facing decline in over half of local factories, are lobbying for a small-business version of the RIGI incentive regime and a pivot to exports to counter the effects of exchange-rate pressure and import liberalization. The push reflects growing sectoral discontent with the government's economic policy and a search for survival strategies. Uncertainty remains over whether the government will adopt these measures and how quickly they could alleviate the crisis.
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