As reported last Thursday by the Palacio de Hacienda, the government was able to meet the primary deficit target of the national public sector by 29,500 million pesos below what was agreed. They were about 192,000 million pesos.
Official data indicates that there was a strong increase in spending on subsidies of 234% in real terms compared to March of last year for 222,000 million pesos, which were mostly offset by income called “Property Income”, which is made up of rental income and the collection of interest on placements in pesos.
According to the Palacio de Hacienda, there were 157,000 million pesos that were accounted for in this way. Economists maintain that it is very likely that during the first visit of the IMF officials, Martín Guzmán will be asked to clarify that item of income.
Although within the accounting technique it would be correct, IMF officials will ask for clarification.
Before returning to Buenos Aires, the head of the Palacio de Hacienda assured that the goals of the agreement will not be changed, so that policies should be modified to achieve them.
Guzmán will probably have to take charge of the defense of the windfall income tax, which already has the rejection of the majority of businessmen and which will hardly pass through Congress given the number of votes that the opposition is in a position to muster. . In the same way, the money laundering proposed by Kirchnerism in the Senate could be rejected.
In the meantime, The minister plans to be in Neuquén this Wednesday, within the framework of the IDEA Experience meeting, which will take place in the provincial capital in a casino hotel, where he will address the issue of the transition to renewable energies before a leading businessman in the energy area. renewable.
Source: Ambito
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