The report is 76 pages long and is dated June 30 with the signatures of the Chief of Staff, John Manzur; and the former Minister of Economy, Martín Guzmán, who resigned and was replaced by Silvina Batakis.
Among the main guidelines on the basis of which the advance was drawn up, there is also a trade surplus of US$10,748 millionproduct of a projection of exports for US$105,471 million and imports for US$94,723 million.
In the message that accompanies the report, Manzur and Guzmán pointed out that the project that will be sent to Congress “will raise fiscal goals which are based on a combination of growth of public spending in real terms that underpin aggregate demand and, as a correlate, a increase in fiscal resources hand in hand with an increase in activity, employment and real income”.
“This will increase the multiplier effect in the short and medium term, giving sustainability to the growth path in a context of reducing the fiscal deficit that will strengthen public credit and the currency,” they added.
Regarding fiscal policy, they highlighted as objectives “improving the targeting transfers to the private sector, optimizing the multiplier effects and the general progressivity of spending”, in reference to subsidies to economic sectors.
“In this sense, progress is being made in establishing new guidelines and conditionalities for the allocation of energy subsidies”, they indicated. Another of the aspects considered is that of “prioritizing capital investment, as well as science and technology.”
Source: Ambito
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