The Government of Argentina is set to launch a new financing plan to encourage consumption through a new program called “Cuota Simple.” This initiative will replace the existing Ahora 12 plan and will allow consumers to make purchases in 3 and 6 installments.
The decision to replace Ahora 12 with “Cuota Simple” is aimed at promoting consumption and providing more flexible financing options for consumers. The new plan is expected to offer a simple and straightforward approach to installment payments, making it easier for people to make purchases without putting a strain on their finances.
According to reports, the government has emphasized the need to promote consumption and stimulate economic activity, especially in light of the ongoing challenges posed by the COVID-19 pandemic. The “Cuota Simple” program is seen as a key component of these efforts, providing a more accessible and attractive alternative to the previous Ahora 12 plan.
However, there has been some criticism of the new program, with some expressing concerns about the potential impact on consumer finances. Despite this, the government has remained committed to implementing “Cuota Simple” as a way to support and encourage spending while also providing a boost to the economy.
As details of the new plan continue to emerge, it is clear that “Cuota Simple” represents a significant shift in the government’s approach to financing and consumer spending. With the launch of this new initiative, it remains to be seen how consumers will respond and whether it will have the desired impact on economic activity in Argentina.