Yanina Lojo: The lack of access to the market puts the continuity of many companies at risk

The problems began in August, but in recent weeks the problem has become more widespread. Beyond the already known difficulties, today the problem involves the AFIP validator for payments abroad known as the “Single Current Account for Foreign Trade”, which began to produce more and more errors. This has become another “informal” obstacle for companies.

Every time the system “fails” or “crashes” outside turns cannot be made. And in recent days, the system has spent more time out of service than operational and throwing errors for all operations.

Illogical errors such as 46 and 47, which in principle occurred when more than 30 days had passed since the date of access to the MULC and these had not been completed, today occur even when that condition is not met. For more than ten days now, error 49 has appeared, every time you want to validate the payment of a temporary operation (IT) or an operation in a free zone (ZFI). We also have Error 28, many companies present their operations because the access date has arrived, and when the bank goes to validate they notice that it has been deleted. Others find that their access has been postponed (Error 27). There are cases of companies where they have already had two or three “reprofiling”.

The claims seem to fall on deaf ears: the MUELA (Customs Electronic Multinote) is submitted or emails are sent, and they are always waiting for approval from the Ministry of Commerce. The problem is not resolved.

There is no distinction between companies – they can be large or small – nor between sectors, as we have seen in recent weeks with the case of medical supplies, something we have been warning about for some time. Although in relation to the latter, it was known that a “dollar quota” would be assigned to guarantee supply. What is not clear is whether this will be linked to the approval of the SIRA or to payment abroad, which is what is really needed.

The reality is that today companies can no longer take on more debt. Suppliers begin to suspend deliveries, lower loads and even threaten legal action. The debt today with the private sector for imports of goods and services is at record levels for years of stocks. And the comment that is most repeated among SMEs today is “if this continues like this, I will probably have to lower the blinds”

Lic. Yanina S. Lojo

Mg. in Finance Management

www.consultoralojo.com

@mg.yaninaslojo

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