Guerrera’s presentation, scheduled for 11 o’clock, is very important because he will be consulted on a key issue for the deputies of the interior, which are the transport subsidies of the provinces that are contemplated in the Budget, but not in the values they aspire to the provincial leaders, since they would have a lower increase than the scheduled inflation.
After today’s session, the legislators will begin to analyze in detail the Budget project in order to issue an opinion starting next Thursday and the middle of next week, since the session in which it would be discussed is scheduled for Wednesday 26.
In it, the Executive Power projects a growth of 2% of the Gross Domestic Product, an inflation guideline of 60% and a reduction of the deficit from 2.5% to 1.9% of the GDP.
The project also estimates a total expenditure of almost $29 billion, with revenues of approximately $22.5 billion and a primary deficit of $6.3 billion.
more than 65% of the funds will be allocated to social spending, including payments for the different assistance plans, as well as retirement and pensions, and funds for health, science and education will be prioritized.
The project of expenses and resources for 2023 also foresees an increase in private consumption estimated at 2.2% and investment at 2.9%, while in terms of financing it seeks to reduce monetary assistance from the Central Bank to the Treasury .
Regarding the distribution of spending, the project contemplates allocating $1.6 billion to the Government Administration, $1.2 billion to Defense and Security Services, $18 billion to social spending, $4.5 billion to economic services, debt public $2.9 billion, which implies almost $29 billion.
The Budget contemplates an increase in exports of 7.1% against imports that would increase 2% next year, and in this way, the trade surplus would go from US$7.7 billion this year to US$12.3 billion in 2023.
Another central aspect will be the possibility of laundering dollars for the payment of imports of supplies and services destined for productive processes, and for the construction of real estate projects as well as for the acquisition of used homes.
Source: Ambito
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