The government continues to apply the chainsaw on economic subsidies in 2025. In the first two months of the year he made a Real 50% cut on this type of expense, According to a recent analysis.
The data arises from the report made by the Argentine Association of Budget and Public Finance (ASAP). According to survey, the decline in subsidies, which is concentrated in the aid for electricity and transport, has as counterpart the increase in rates and passages.
The study indicates that In February, the total economic subsidies decreased by 67.7% adjusted by inflation, so that accumulates in eThe bimester a 49.8% decline Discounted the effect of the CPI compared to the same period of 2024.
Energy subsidies continue in low
The subsidies Energy fell in February 79.1% Regarding the same month last year, so that They accumulate a 52.4% contraction. Meanwhile, aids for the Transport in February 44.1% And they added a retraction 50.2% in the first two months.
“During February 2025, as energy subsidies Only $ 60,000 million were transferred to the administrative company of the electricity market SA (Cammesa), implying an interannual variation of -74.3%, ”says the private report.
ASAP clarifies that “as has been happening since October 2024the level of this concept is considerably lower compared to what is observed between February and September of the previous year (monthly average greater than $ 350,000) ”.
Electric energy.jpg
On the other hand, the study reveals that “During February there were no current transfers to Argentina SA (ENARSA).” The rest corresponds to transfers to the binational entity Yacyretá ($ 25,000 million) and transfers within the framework of IV gas plan ($ 17,946 million), that show a positive variation of 196.2% year -on -year adjusted by inflation.
“In accumulated terms, Energy subsidies consolidate a drop of 52.4% motivated by the null execution of transfers to ENARSA, and the low execution of those destined for cammesa, Compared to 2024, ”explains the report.
Regarding transfers To automotive and rail transport, a 28.7% decrease to rail operators stand out and 56.5% of those destined to the Trust Fund of the Transport Infrastructure System.
No subsidies for air transport
In February, on the other hand, No transfers to aerocomercial transport were recorded something that occurs since June 2024. Within the transfers of other sectors, those destined for the Casa de la Moned To Military Manufactures, the Argentine Factory of General San Martín Aircraft. As a whole, they were reduced by 38.2%.
Source: Ambito
