# Industrial Leaders Praise Caputo's Fiscal Relief But Demand Consumer Boost

> Argentine industrial leaders applaud Caputo's tax relief measures but insist on reactivating consumption to revive the economy.
- Title: Industrial Leaders Praise Caputo's Fiscal Relief But Demand…
- Summary: Argentine industrial leaders applaud Caputo's tax relief measures but insist on reactivating consumption to revive the economy. Argentine industrial leaders…
- Keywords: argentina, uias, luis caputo, arca embargos, fiscal relief, consumer demand, industrial leaders, economic measures, Perfil
- Source: Perfil — https://perfil.com/economia/los-industriales-aplaudieron-a-caputo-por-las-medidas-de-alivio-fiscal-pero-piden-reactivar-el-consumo-aAkpP2p2UDEH
- Published: 2026-11-04T16:04:12.055+00:00
- Read time: 2 min
- Topics: argentina, uias, luis caputo, arca embargos, fiscal relief, consumer demand, industrial leaders, economic measures, news
## Industrial leaders applaud Caputo's fiscal relief
Argentine industrial leaders praised Caputo's suspension of ARCA embargos until May 2027 as the most valued economic measure.

> La idea de esto es que les dé margen para ordenar sus cuentas
## Key economic measures announced
Caputo extended payment plans to 18 installments for debts with ARCA and allowed small businesses to use export balances to pay customs obligations.
## Fiscal relief not enough for recovery
Industrial leaders warned that tax relief alone cannot address demand shortages, rising costs, and competitiveness challenges.
## Demand and cost pressures
Over 80% of small businesses say the main problem is lack of demand, with costs rising faster than prices.

> Más del 80% de las pymes dice que el principal problema es la falta de demanda
## Production and employment decline
Industrial small businesses saw a 11.9% annual production drop and 5.6% employment decline in Q3 2026, with 14 straight quarters of decline.
## Payment chain issues
Average payment collection periods extended to 49 days, ten days longer than in 2025, worsening liquidity challenges.
## Silvio Zurzolo's stance
Zurzolo called the measures temporary 'pallatives' and stressed the need for a production-focused plan with state policy.

> Para mí son paliativos, simplemente es lograr una previsibilidad para unos meses
## Pablo Dragún's analysis
Dragún noted that ARCA relief helps prevent further financial strain but doesn't solve demand issues or cost pressures.

> Con todo esto, que ARCA afloje un poco ese ajuste que se venía utilizando es un alivio
## Need for consumer recovery
Leaders emphasized that economic recovery must translate to increased consumer spending and local economic activity.
## Regional economic disparities
Industrial sectors like mining and hydrocarbons show stronger recovery, while Buenos Aires, Rosario, and Mendoza lag in benefits.
## Microeconomic focus needed
Leaders urged the government to prioritize wage stability and consumer confidence to boost local economic activity.
## RIGI and industrial strategy
The government proposed the RIGI to incentivize large investments, but leaders questioned its impact on domestic production.
## Competitiveness challenges
Leaders highlighted high tax burdens, logistics costs, and the need for digital transformation in labor training.
## Key takeaway

Argentine industrial leaders praised Caputo's suspension of ARCA embargos until May 2027 but warned that fiscal relief alone won't address demand shortages, rising costs, and competitiveness issues.