The Frente Amplio questioned the government because the fiscal deficit is higher than that of 2019

The Frente Amplio questioned the government because the fiscal deficit is higher than that of 2019

December 2, 2023 – 9:13 p.m.

Senator Mario Bergara assured that “the result is horrible, worse than when they said it was catastrophic.”

He Senator of the Frente Amplio, Mario Bergara, he took aim at the government by echoing the fiscal deficit, that closed November in the order of 4% of GDP, and assured that “the result is very bad”, pointing out that it is “higher” than during the last administration of the former president Tabaré Vázquez, since in November 2019 it was at 3%.

Bergara, who is also a presidential candidate for the FA, assured that the government “put all its eggs in the basket of the fiscal deficit” and countered the aggravated situation by pointing out that “the fiscal result is horrible.”

During a political activity of the opposition in the García Lorca Committee, The senator justified his idea by adding that “it is horrible, because it is as much or greater than that of 2019, when they themselves said that it was horrible, that it was catastrophic.”

The Frente Amplista leader recalled that the Minister of Economy and Finance, Azucena Arbeleche, said “evaluate us by the fiscal result” and compared: “Today, the fiscal deficit It is higher than that of 2019 and no one can claim that they have had a good result in this matter.”

In turn, he stated that the increase in the deficit occurred “despite the reduction in salary payments in the public sector, which is now beginning to be restored, lower retirements and cuts to some policies.”

Bergara had already questioned the increase in the fiscal deficit

Bergara had already been critical of the level of fiscal deficit last August, when he pointed out that “reality showed that the so-called ‘cursed inheritance’ was not such and that the country had important institutional strengths” and on that occasion he assured: “As we approach the end of this administration, the “The government uses spending and favors sectors with clear electoral objectives.”

At the same time, he questioned that “the call tax rule is breached (moving the target halfway) without consequences” and lamented that the Executive did not share “the need to take actions aimed at correcting the problems of competitiveness that affect thousands of workers and companies”, pointing out: “We have the exchange delay largest of the century and measures are not being deepened to address the serious border situation.”

Hard test in a pre-election year

The Catholic University of Uruguay (UCU) produced a report on the fiscal results of governments in the year prior to the elections presidential elections and linked the rise to the electoral cycle. “In general, governments adjust when they take office and adjust before leaving,” the authors of the study noted, pointing out that the fifth year of administration is always the worst in fiscal matters.

In parallel, the credit rating agency Fitch Ratings warned months ago that the country’s fiscal framework faces “a new pre-election test” and anticipated that “fiscal projections (revised upward to 3.2%) could be revised further in light of the continued deterioration in 2023.”

Source: Ambito

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