{
  "id": 15783669,
  "title": "Report: Argentina has fewest companies in 19 years",
  "url": "https://urgent.news/2026/10/20/report-argentina-has-fewest-companies-in-19-years",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-20T17:55:11.000Z",
  "source": {
    "name": "Buenos Aires Times",
    "slug": "buenos-aires-times",
    "url": "https://www.batimes.com.ar/news/economy/report-argentina-has-fewest-companies-in-19-years.phtml"
  },
  "original_language": "en",
  "account": "Argentina has experienced its smallest number of companies since 2007, with 32,290 businesses disappearing since President Javier Milei assumed office in November 2023, according to a new report by the Fundar think tank. This decline is the steepest in the 32 months following the start of any presidential administration, with the total falling by 6.3 percent. The economic deterioration has affected 14 of the 18 economic sectors and 23 of the country's 24 provinces. Fundar's director of economics, Guido Zack, emphasized that falling domestic demand, high costs in dollar terms, a heavy tax burden, infrastructure issues, and financing costs have created an unfavorable environment for companies. The Central Bank's REM market expectations survey lowered its growth forecast for 2026 from three percent to 1.5 percent, and a weekly report from Banco Provincia's Economic Research Department warned that the economy needs to expand by at least 2.3 percent between August and December to avoid a negative carry-over effect into the following year.",
  "summary": "More than 32,000 firms have disappeared since Milei took office, according to a new report; Numbers have fallen for 18 consecutive months across 23 of the country’s 24 provinces. Leer más",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}