Non-automatic or discretionary transfers from the national State to the provinces and the City of Buenos Aires amounted to $201,122 million in August and registered a YoY increase unprecedented in recent years, with 170.1% more than in the same month last year.
The information was released today by the consultancy Politikon Chaco based on data from the Open Budget of the Ministry of Economyand constitutes the second case in the last twelve months with an interannual increase higher than the inflation, after 5.8% in March.
With an inflation estimated by the consultant for the past month of 11%, raise it to constant values of the non-automatic transfers was 22%, with real increases of 123.5 in resources transferred from National Teacher Incentive Fund (Fonid), 119.3% for Works for transfers to provinces and municipalities (in charge of the Ministry of Public Works), 84.3% for the Fund for Fiscal Strengthening of the province of Buenos Aires and 48.9% to transfers to provincial pension funds.
Unlike the automatic (whose allocations are predetermined by a series of laws), non-automatic or discretionary transfers are not governed by pre-established mechanisms but by different circumstantial circumstances, such as fiscal emergencies or financial, need for financing of works or services or assistance for natural catastrophes.
As usual, due to its area and population, the province of Buenos Aires led the list of resources transferred with $100,247.7 million, but the district that had the highest percentage increase was Santa Cruz, with a real year-on-year increase of 258.4%. .
Transfers: which are the provinces that received the most
- Buenos Aires: $100,248 million, with a real year-on-year increase of 55.5%.
- City of Buenos Aires: $13,221 million (-47.5%).
- Santa Fe: $10,008 million (+0.5%)
- Santa Cruz: $7,567 million (+258.4%)
- La Rioja: $7,479 million (+18.1%)
- Cordoba: $6,561 million (-20.8%)
- Salta: $6,255 million (+143.7%)
- Misiones: $6,083 million (+142.3%)
- Neuquén: $55.77 million (+53.1%)
- Formosa: $5,205 million (-1.1%)
- Chaco: $5,136 million (+11.2%)
- Santiago del Estero: $4,211 million (+25.7%)
- Mendoza: $4,086 million (+17.6%)
- Between Rivers: $3,808 million (-44.4%)
- Catamarca: $3,644 million (130.7%)
- Current: $3,591 million (-46.5%)
- Tucumán: $3,475 million (-5.5%)
- Saint Louis: $3,207 million (+176.9%)
- Río Negro: $2,501 million (+9.6%)
- La Pampa: $2,140 million (+57.6%)
- Jujuy: $1,748 million (-17.9%)
- Chubut: $1,554 million (+50.7%)
- Tierra del Fuego: $1,428 million (+93.2%)
- San Juan: $1,407 million (-36.6%)