Overview

• The Asociación de Pequeños y Medianos Empresarios reports a loss of 150,000 formal jobs in 2025.
• APYME president Julián Moreno warns workers are moving into precarious, informal or monotributista work without benefits.
• Exporting SMEs have seen an 11% drop in external sales as high dollar costs undermine competitiveness.
• SME leaders contend that Milei’s free-market reforms are aimed at dismantling local industry in favor of imports.
• Critics say the turn toward agriculture, mining and oil deepens inequality and fails to provide dignified jobs.