Overview
- IPA says openings of preventive insolvency proceedings in Buenos Aires rose about 131.7% in 2025 versus 2023 and that 92 new cases were filed in the first judicial quarter of 2026.
- The group's legal report records 24,437 company closures between November 2023 and early 2026 and estimates 327,813 workers lost workplace risk coverage as a result.
- IPA links the collapse to a sharp fall in foreign direct investment, reporting the first net negative FDI balance in 22 years and the exit or retrenchment of some multinational firms.
- The association asked President Javier Milei, Economy Minister Luis Caputo, and Congress to approve an emergency measure modeled on Law 25.563 to suspend mortgage and pledge executions, extend exclusivity periods and ease access to preventive solutions.
- IPA stresses the proposed steps are temporary remedies to buy time for firms and says lasting recovery will require a shift in macroeconomic policy to restore domestic demand and investment.