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The Government reduced the financing of a trust fund used by social organizations to 1%

The Government reduced the financing of a trust fund used by social organizations to 1%

To understand the scope of the pruning, we must go back to Law 27,541, which had allocated the transfer of 30% of the proceeds to finance social housing works through the FISU. Now, with the changes arranged by Javier Milei, only 1% will be changed, which implies an almost total reduction.

The rest of the programs maintain the financing percentage at 94% for economic infrastructure works and the remaining 5% for national tourism.

What is the Socio-Urban Integration Fund (FISU)

He FISU became the center of discussion in recent weeks after versions were published that pointed to him as a “black box” of the social leader Juan Grabois. However, in the last few hours, the current Secretary of Socio-Urban Integration, Sebastian Pareja, He stated that no evidence was found to justify these accusations and valued the use that was given to the FISU during the previous administration.

“In the short time that I have been here, I have spoken with mayors of different political and political backgrounds. I have not found anyone complaining or criticizing; What’s more, if it was not the only secretariat that worked well during Alberto Fernández’s government, it hits home,” he stated and added: “What I am seeing today is more than 1,200 works in progress with a budget of more than 80% executed.”

Juan Grabois.jpg

Since the creation of the FISU, 1,278 integration works have been carried out in popular neighborhoods

Grabois assured that the accusations came from Caputo To generate “a discredit operation” against him and “remove budget for popular neighborhoods.”

Pareja explained that he met with representatives of the Inter-American Development Bank (IDB)where he was informed that “they promote as an example the work carried out by Miño” and “especially the Mi Pieza program.”

The IDB published an 81-page work titled “Impact of Self-Building Housing Improvement Programs: Evidence for Popular Neighborhoods in Argentina.” The Argentine Catholic University (UCA) also put together a specific report on Mi Pieza, with positive conclusions.

Since the creation of the FISU, 1,278 integration works in popular neighborhoodsreached 5,060 settlements with housing works in which 6,517 interventions were carried out for an amount of almost 500 billion pesos, exactly $480,611,383,294.59 for the last four years. Almost 70% of them were distributed to “civil society organizations.”

Source: Ambito

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