Without guests, the ruling party seeks to rule on its project for 2025 in the Budget and Finance Commission.
After two consecutive weeks without discussion, the meeting was reconvened. Budget and Finance Commissionof the Chamber of Deputies to address -without guests from the Executive- the project of Budget 2025. Casa Rosada has not given in until now in its drafting and it is expected that the allied and opposition legislators will convey the demands of the provincial governments to the meeting, to advance an opinion this Thursday or, at the latest, next Tuesday.
The debate began on October 8 and had only four meetings to address the 3,828 pages that make up the entire draft of the Budget 2025. In its general guidelines, the project proposes an optimistic horizon of growth (5%), low inflation (18% annually, which would be the lowest since 2013) and official dollar in blue values ($1200) by 2025. José Luis Esperthead of the commission, pointed out that the ruling party’s initiative did not change from that announced by Javier Mileiin the month of September.
Finally, the Minister of Health will not participate in any debate on the 2025 Budget Mario Lugonesnor the holders of Human CapitalSandra Pettovello, nor from Economy, Luis Caputo. The only Executive officials who attended the commissions were the secretaries Daniel Scioli (Tourism, Environment and Sports), Yanina Nano Lembo (now former head of Children and Families), Carlos Torrendell(Education), Pablo Quirno (Finance) and cArlos Guberman (Tax authorities). The Minister of Security was also present, Patricia Bullrich.
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Budget 2025: Peronism presented its own opinion
Deputies of Union for the Homeland were the first to intervene, announcing that they will present their own opinion because “in our vision this project decisively aims to consolidate a model of fiscal adjustment and destruction of the State that has been carried out since the current administration took office,” according to what they said. Carlos Heller.
“The consideration of the Budget on inflation gives a basis that is already wrong and that should be corrected. Here we must take into account that If inflation exceeds what is proposed, expenses will have to face a greater dropalong with all the times that the Government has said that if there is a higher collection than expected, expenses will not be increased but taxes will be lowered,” added the national deputy for the city of Buenos Aires.
When listing his opinion of Budget 2025 of Union for the Homelandmentioned modifications in the family allowances; increase of budget items for universities around 50% compared to the official project (with quarterly update for inflation); reset the Fiscal Financing Fund and recover the validity of the National Teacher Incentive Fund for one year starting in 2025; increase current transfers for social security, health, education and other services; repeal of DNU 846/2024 of the debt exchange; and a increase in the fixed bonus for retirees from $70,000 to $95,000among other proposals.
Carlos Heller President of Banco Credicoop Budget Commission Deputies Law Bases 04-25-2024
Mariano Fuchila
Budget 2025: interventions
As an ally of the ruling party, the man from Buenos Aires Eduardo Falcone (MID) highlighted “the macroeconomic projections of the national government given that it foresees a increase in GDP consumption of 5% and private investment of 10%; “That is going to change the rate of investment over the total GDP and that is going to change private investment and Argentine development,” but he pointed out that he will request authorization for 90 kilometers – to be developed in three years – of the Highway No. 5 that connects La Pampa with the province of Buenos Aires, for a cost of less than US$200 million.
Source: Ambito
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