The national government adds more money to the special fund that serves to finance the National Treasury Contributions (ATN), but, since three months he does not attend any province with it. Specifically, it already totals $478,268 million, but, until now, it has only disbursed $26,300 million.
“During September, for the third consecutive month, ATN was not distributed. Therefore, the accumulated figure for 2024 continues with a total distribution of $26.3 billion while The fund has an undistributed remainder of $451,968 million”says the consultant Politikon Chaco in a report detailing money transfers outside of what corresponds to federal tax sharing.
The consulting firm that runs the economist Alejandro Pegoraro remember that the fund is constituted with the equivalent to 1% of the co-participating estate and, so far this year, only 5.5% has been distributed of the total of $478,260 million received. “It is about the level of distribution lowest since at least 2019 when it was 7.9% in the reference period,” he explained.
It is worth remembering that the ATN are the resources with the greatest degree of discretion for use by the Executive Branch, designed to meet unforeseen expenses, such as a natural disaster. For example, during September, there were fires in the Sierras of Córdoba and nothing from the fund was used.
The highest level of use of ATN was in 2020 with 238% and 2021, with 52%, both years influenced by the recessive effect of the Covid pandemic. In 2022 and 2023, 29.2% and 20% were distributed respectively.
The provinces that received this type of assistance this year are Corrientes, with $1,000 million; Chubut, $4.5 billion; Entre Ríos, $3.8 billion; Jujuy, $1.5 billion; Misiones, $9,000 million; Santa Cruz, $3,000 million; Santa Fe, $1,500 million and Tucumán, $2,000 million.
How much money did the Government send to the provinces?
Meanwhile, if we analyze the total non-automatic transfers For the provinces, the Government applied last month a 67.5% real cut, while, in the first nine months, they register an adjustment of 80%
“Non-automatic transfers in paid instance totaled $280,948 million and registered a variation of 0.6% year-on-year in nominal terms and -67.5% year-on-year in real terms”, indicates the private report.
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Last month, one of the greater shipments for this concept, but it was influenced by the payment to the City of Buenos Aires (CABA) of the Co-Participation debt at the request of the Supreme Court’s precautionary order. It should be remembered that technically, the national government cannot compute this in the primary distribution of national taxes because the supreme court’s measure is not yet final.
The other two activities with the highest volume of funds in instance paid, although far from the first, fThey were Hospital Operation (17.7%) and Educational Management at the Primary Level (4.7%).
Source: Ambito
