IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 14 Nov 2016 | Removal date: open ended
Still in force

Production subsidy

Among the series of measures to boost the competitiveness and the production of local companies included in Joint Resolution 1 E/2016, passed on November 14, 2016, by the Production Ministry and Labor, Employment and Social Security Ministry of Argentina, there were some specific provisions related to worker's benefits. In particular, the provision includes special subsidies in the form of salary payments, for competitive companies that hire new workers. In this sense, companies enclosed in this framework may receive from the government the minimum official wage for up to 9 new workers incorporated into the company.

AFFECTED COUNTRIES

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