More than 100,000 micro and small businesses declare bankruptcy and 600,000 jobs are lost

The inactivity of micro and small enterprises as a result of the health emergency caused by the coronavirus leads to about 100,000 productive units nationwide, especially in the manufacturing sector, to declare bankruptcy due to lack of income, which implies the loss of at least 600,000 sources of employment, reported the president of the National Confederation of Micro and Small Enterprises (Conamype).

Source: Los Tiempos