This gap would represent for the provinces additional income of $211,878 million in relation to the result that would be obtained with a evolution similar to equityan amount higher than the projected consolidated financial surplus.
The total of automatic distribution resources (whose allocation is subject to a series of laws, as opposed to discretionary or non-automatic ones) will amount to 11 billion 567,702 million pesos next year, of which 89.78% will correspond to the Co-participation, 4.04% to the Compensations for the Fiscal Consensus, 3.18% to the part corresponding to the Tax on Personal Assets destined for Social Security, 0.97% to the Fonavi and 2.03% remaining to a dozen specific funds.
Budget 2023: how national resources will be distributed among the provinces
the province of Buenos Aires leads the payroll with 2 billion 647,291 million, followed by Santa Fe ($992,675 million), Cordova ($965,835 million), Chaco ($549,768 million) and Between rivers ($532,248 million).
Tucumán ($520,767 million), Mendoza ($454,304 million), Santiago del Estero ($452,244 million), Salta ($429,195 million), Corrientes ($415,445 million), Formosa ($396,645 million), Misiones ($371,166 million), San Juan ($364,082 million), Jujuy ($310,001 million) and Catamarca ($293,670 million).
The list closes with Río Negro ($274,437 million), CABA ($248,430 million), San Luis ($244,080 million), La Rioja ($223,204 million), La Pampa ($205,781 million), Neuquén ($193,868 million) , Chubut ($176,006 million), Santa Cruz ($172,846 million) and Tierra del Fuego ($133,717 million).
State Objectives
The Ministry of Economy predicts that there will be “a extension of the economic recovery path that the provincial jurisdictions” are experiencing, as well as “its correlate in the improvement of tax and non-tax revenues as evidenced since 2021″, according to what was indicated in the Message that accompanied the presentation of the Budget bill for next year.
The provinces will maintain the primary and financial surplusesalthough in the Message a reduction in its levels is expected: the positive primary result will be equivalent to 0.43% of GDP, when in 2021 it was 0.57 and for this year a closing with 0.55% is expected.
The same will happen with the financial surplus: from 0.19% in 2021, it will drop to 0.14% in 2022 and to 0.13% in 2023.
Source: Ambito
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