According to the official text, the prioritization criteria are guidelines that are used to select the investment projects that will receive the most financing from the government.
Through Joint Resolution 31/2024 of the Executive Secretariat of Government and the Treasury, the criteria that will be used to prioritize investment projects in the National Public Investment Plan (PNIP) for the period 2025-2027.
As a first measure, the creation of the National Public Investment System (SNIP), in order to maintain an inventory of public investment projects and formulate the National Public Investment Plan (PNIP).
Likewise, the functions of the SNIP are detailed, including the formulation and evaluation of projects according to established criteria, and the procedures for selecting projects to be included in the PNIP are ruled, considering the rate of return and other relevant criteria.
What are prioritization criteria?
According to the official text, the prioritization criteria are guidelines that are used to select the investment projects that will receive the most financing from the government. ANDThese criteria are based on the importance of the projects for the economic and social development of the country.
What are the prioritization criteria for the PNIP 2025-2027?
1. Projects started:
- These are projects that are already underway and that will receive priority to continue their development.
2. Projects to start:
- These projects must meet at least one of the following criteria:
- Generate job: The project should create new jobs in the Argentine economy.
- Promote exports: The project should help increase the country’s exports.
- Improve the energy balance: The project should help reduce the country’s dependence on energy imports.
- Promote technological development: The project must help develop new technologies in Argentina.
- Have a Technical Qualification Report: The project must have been evaluated and approved by the National Directorate of Public Investment.
- Have pre-feasibility or feasibility studies: The project must have studies that demonstrate that it is viable and that it can be completed successfully.
- Have external financing: The project must have financing secured from external sources, such as international loans.
How will these criteria be implemented?
The Responsible Body of the National Public Investment System (SNIP) will be responsible for developing guides, manuals and methodological instructions to explain how these criteria will be applied. These materials will be available to all organizations participating in the SNIP.
How important is this resolution?
According to the official text, this resolution is important because it will help ensure that government resources are invested in projects that have the greatest possible impact on the Argentine economy and society.
What does this resolution not establish?
It is important to note that this resolution does not establish the amount of money that will be allocated to each project. According to the standard, the budget allocation will be determined within the framework of the National Budget formulation process, considering the availability of resources and the government’s priorities.
Source: Ambito
