Faced with the effects of a second wave of COVID-19 in the world and the havoc they are causing in Mexico, transformation industrialists asked the government to apply fiscal support schemes for small and medium-sized companies.

If not, they warned, the extinction of jobs and with it the economic recovery would worsen.

Juan Manuel Chaparro, president of the Industrial Development Commission of the National Chamber of the Transformation Industry (Canacintra), considered it prudent for the government to apply temporary fiscal stimuli in the face of the pandemic.

Among the changes he proposes are a reduction of VAT to 50 percent, freezing the payment of taxes and thereby giving oxygen to companies.

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