Through Decree 463/2025 published Wednesday in the Official Gazette, the National Government ordered the dissolution of three fiduciary funds: the FEDERAL REGIONAL INFRASTRUCTURE FIDUCIARY FUNDhe Trust of the National Fire Management Fund and the National Productive Development Fund (FONDEP). The measure is part of a broader process of review and elimination of structures, which already reached 26 similar funds.
According to the foundations of the decree, lFunds in question recorded an “inefficient use of public resourcesdeficiencies in the control mechanisms and a scarce or zero accountability “, under the reports of the General Union of the Nation (SIGEN).
1. FEDERAL FIDUNCIARY FUND OF REGIONAL INFRASTRUCTURE
The Federal Regional Infrastructure Fiduciary Fund had been created in 1997 in order to attend the provinces and the National State in the financing of economic and social infrastructure works. However, after almost three decades of operation, SIGEN audits reveal shortcomings in the application of the funds and in the return of the loans granted, “which resulted in millionaire losses for the State.”
Faced with this diagnosis, the Executive considered that its continuity was not convenient and resolved its closure, prioritizing a more rational and efficient application of public resources. Only $ 70 million of $ 26,000 was used available.
2. National Fund Management Fund
Between 2022 and 2023 they were transferred to the Trust $ 26,000 million, but only $ 70 million were effectively used in the specific purpose of the fund. They follow it warned of strategic planning, few controls on investments, undue hiring and serious deficiencies in administrative processes.
Despite the dissolution of the trust, The Federal Fire Management System – as a public policy in the background – will continue in force. To do this, the mandatory contribution of the 3 ‰ of the insurance premiums, which will be directly administered by the Ministry of Security, under the principles of Law 24,156, which regulates the financial administration of the National State.
3. National Productive Development Fund (FONDEP)
Finally, the National Productive Development Fund (FONDEP) —This called anchonar – was eliminated after an irregular and poor management was detected. The SIGEN observed that the funds were allocated to temporary investments without link with the established purposes, in addition to pointing out delays and uncollectibility in the recovery of loans, and serious failures in the registration and control of operations.
With these decisions, the National Government continues to advance in its State reorganization plan. “These measures are part of a policy that seeks transparent, agile and effective public management, in which each taxpayer’s weight is well used,” said the official statement.
Source: Ambito
