Creation of the Committee of Evaluation and Supervision of the Emergency Assistance Program for Jobs and Industry

Creation of the Committee of Evaluation and Supervision of the Emergency Assistance Program for Jobs and Industry

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On April 6th, 2020 the Decree N° 347/2020 was published on the Official Gazette, creating the Committee of Evaluation and Supervision of the Emergency Assistance Program for Jobs and Industry established by the Decree N° 332/2020. The Committee comprises the Minister of Economic Development, the Minister of the Treasury, the Minister of Labor, and the Director of the revenue service, known in Argentina as the AFIP.

The decree establishes the following attributes to the Committee:

  • Define the criteria to be met in order to access the benefits of the Program.
  • Decide over applications to enter the Program.
  • Decide over requests to enter the Program by businesses excluded by the Decree N° 332/2020. This exclusions could be based on the fact that the business performs and activity that continues in spite of the quarantine or that it wasn´t able to probe an important reduction of its activities. The Committee could approve their inclusion if special circumstances have impacted negatively in the business activity.

Probably, in the next few days the Committee will start publishing the requirements and terms for applying to the Program.

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