100 days after the end of his term, the Executive Power executed the eighth budget modification of the year.
through the Decree of Urgent Need (UDN) 436/2023he Executive power modified budget in force from various jurisdictions and entities of the national public sector.
The reconfiguration of the budget covers several critical sectors, among them, the empowerment of the funds destined to disbursements for personnel, which will make it possible to address current wage demandsincluding the improvements established by the legal provisions in the course of this year.
Additionally, it contemplates the strengthening of the resources assigned for the operational operation, as well as for detailed expenses in the breakdown attached to the Article 116 of Law No. 27,701.
what it becomes the eighth modification of the Budget in the year, the adequacy of the budget credits for the National Social Security Administration (ANSES), the adjustment in the assignment of additional funds for the Federal Intelligence Agency (AFI) and other institutions committed to security such as the Federal Police, the Prefecture and the Gendarmerie. Likewise, mention is made of the need to distribute resources tothe judicial field to comply with final sentences related to those organisms.
Other key point of adjustment budget is the increase in funds for the program 17 (social security benefits), which will cover the extraordinary subsidy announced in recent days for pensioners and retirees.
In particular, increases are approved in the personnel expenses, operation, services, social benefits, public debt and other items.
The first paragraph of the DNU establishes that it is necessary to adapt the current budget to face expenses that cannot be postponed for the normal functioning of the National Public Administration. In the following paragraphs, it is specified the items that will be affected by the approved increases.
In this sense, increases in personnel expenses are approved for the following jurisdictions and entities:
- Federal Intelligence Agency (AFI)
- Ministery of security
- Argentine Federal Police
- National Gendarmerie
- Argentine Naval Prefecture
- Ministry of Defence
- Army General Staff
- General Staff of the Navy
- General Staff of the Argentine Air Force
- Retirement, Retirement and Pension Fund of the Argentine Federal Police
- Financial Aid Institute for the Payment of Retirements and Military Pensions
- National Civil Aviation Administration (ANAC)
- National Social Security Administration (ANSeS)
- Program 17 – Supplements to the Pension Benefits of the NATIONAL SOCIAL SECURITY ADMINISTRATION (ANSeS)
- National Institute of Social Services for Retirees and Pensioners (INSSJP)
- Sustainability Guarantee Fund of the Argentine Integrated Pension System
- Public Debt Service
- Official Mail of the Argentine Republic Public Limited Company (CORASA)
- Public Content State Company
- Radio and Television Argentina State Society (RTA SE)
- Télam State Company
- National Entity for High Performance Sports (ENARD)
- Radio of the National University of the Coast (LT10-UNL)
- Radio and Television Service of the National University of Córdoba (SRT- UNC)
- Argentine Energy Limited Company
- Río Turbio Coal Deposit and the Railway Port Services with Terminals in Punta Loyola and Río Gallegos
- Matanza Riachuelo Basin Authority (ACUMAR)
- Road Corridors Limited Company
- Military Manufactures State Company
- Administration of Railway Infrastructures State Company (ADIF)
- Belgrano Cargo and Logistics Public Limited Company
- Railway Human Capital Development Public Limited Company with Majority State Participation (DECAHF)
- Argentine Railways State Company (FASE)
- State Company Railway Operator (SOFSE)
- National Institute of Cinema and Audiovisual Arts (INCAA)
Budget: key aspects of the measure
Increase the budget for transfers to provincial pension funds. Article 4 establishes a budget credit $112,922,664,874 for transfers to provincial pension funds. This represents an increase 58.2% compared to the original budget.
- Increases the limit for public credit operations. Article 5 increases the limit for public credit operations by $5,300,000,000,000. This represents an increase of 11.5% over the original budget.
- Authorizes the issuance of Treasury Liquidity Letters (LELITES). Article 6 authorizes the Body Responsible for the Coordination of Financial Administration Systems to issue LELITES for up to $100,000,000,000. These bills are short-term debt instruments used to finance the liquidity needs of the National Treasury.
- Validates non-budgetary registrations. Article 7 validates non-budgetary registrations for a total of $95,435,628,743.12 and $1,212,686,380.48. These entries correspond to interest at a discount for the placement of Treasury Bills and commissions and other expenses in foreign currency.
- Substitutes the Annex Schedule to article 45 of Law 27,701. Article 8 replaces the Schedule Annexed to Article 45 of Law 27,701 with a new schedule that includes modifications to the budget of some public agencies.
- Establishes an exception to the Public Resources Administration Law. Article 9 establishes an exception to Law 25,152 on the Administration of Public Resources for the debts detailed in articles 16, 31, 33 and 45 of Law 27,701, and for any other debt originating from final judicial pronouncements that condemn the State. National upon payment of a sum of money.
Source: Ambito
