To these resources will be added some $30,000 million extra-budgetary Water Fund. On the other hand, in a common exercise in public administration, as the year progresses, items are reassigned to those offices that require more resources. There the Katopodis portfolio could benefit. “In the exercises of 2020, 2021 and 2022, the three years, we over executed the budget. It is quite feasible that the same thing will happen next year, if it happens that way, we will execute more than a billion pesos”, explained sources close to the minister to this medium.
With those numbers on the table, the governors’ request seems to be fulfilled. However, as far as you know Ambit, from the Government there was a specific request so that those provinces and municipalities that have a surplus and have bulky funds in fixed terms and other financial instruments, turn them over to works in their territories. In principle, there would be agreement on that point.
The building It continues to be one of the sectors targeted by the economic team to sustain activity. Officials are confident that, beyond the progress of public works, The laundering, which will be in force for one year, will attract funds of up to US$5 billion. Apart from reinforcing reserves, this would also boost private works, which are also a fundamental driver in the sector.
According to INDEC data, construction accumulated growth of 6.3% year-on-year in the first seven months of the year. As for employment, the rise is even more pronounced, reaching 17%. There are currently 428,183 jobs registered, very close to the peak of the series, which was 458,433 in July 2015.
The bet is that this trend is maintained in the remainder of 2022 and in 2023, the electoral year. For this, alternative financing channels are also being explored. Days ago the Minister of Economy, Serge Massa, announced the reopening of programming with the Inter-American Development Bank and extra funds from the World Bank. It is not ruled out that with the endorsement of the multilaterals, new infrastructure development programs can be announced.
Source: Ambito
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