The distancing of the national government from investment in public workIt is one of the main concerns of national deputies, mainly those that represent provinces whose productive pillar involves strategic infrastructure development. In this framework, the sector commission summoned the secretary of Public Works of the Nation, Luis Enrique Giovine. However, the official was absent.
The deputy Bernardo Herrera (Union for the Homeland), holder of the Public Works Commissionexplained that Giovine himself “answered that invitation, confirming receipt and attendance, last Monday at 3:30 p.m. By virtue of them we notified the commission meeting with his participation, but then, on Friday at 13 hours, we received another email from the secretary which says: ‘Dear, thanking you for your invitation, we inform you that due to agenda issues the Secretary of Public Works You will not be able to attend the aforementioned meeting“. “His agenda suddenly filled up,” Herrera concluded.
Later, from different blocks they expressed their criticism for the absence. Herrera himself noted that “We are seeing that there is a deep social and economic crisis that, by paralyzing public works, deepens“.
When you speak, Julio Cobos (UCR) He asked to insist on the call and understood that the situation “is very worrying. We must insist because we want to know what the Government’s plan is.” “The continuity of a work cannot be conditioned on the signing of an agreement with the Government. It is the responsibility of the Nation“, critical.
In turn, Álvaro González (PRO) analyzed that “one can determine the decision they want with public works and even eliminate it… if they can explain it“. “If the political decision of the national government is to eliminate public works, the least they can do with the Legislative Branch is to come to the specialized commission and explain why they want to eliminate public works or in any case why they have changed it. “, he said and expressed his doubt as to whether the official intention is to “change the public works law or leave the Argentine Republic without public works. And the official does not come; It seems to me a total lack of respect for the Argentine Parliament“.
Finally, Liliana Paponet (Union for the Homeland) requested that the secretary “not be ashamed to come, because the problem he has is that he cannot show his face.” Then, he analyzed that they register “2701 public works of the Nationof which 1094 are paralyzed today, 914 went to the provincial sphere with certain agreements, 347 are rescheduled without a stipulated date and 376 the Nation has today”.
Proposals from the Public Works Commission
The two projects with the highest level of agreements within the Public Works Commission are the creation of Public Works Observatory and the reactivation of the National Route No. 7which connects the province of Buenos Aires with that of Mendoza, crossing Santa Fe, Córdoba and San Luis.
The Mendoza Liliana Paponetpromoter of the Observatory, said that “we are giving the Government a fundamental tool to carry out public works” that “will allow greater transparency in decision-making and efficient execution of spending.” “I consider that public works are stopped as a punishment for Argentines, by not allowing them to access basic services,” he reflected.
For her part, the Buenos Aires Danya Tavela (Democracy Forever) insisted on investing in Route No. 7where a traffic accident occurred last weekend: “We need this work to be reactivated because families are destroyed by the withdrawal, irresponsibility and negligence of the State in these completions.”
Without public works, construction fell again for the second month
The construction sector is going through critical times. According to a report by Analytica, the Synthetic Index of Construction Activity (ISAC) for August confirmed that the recovery slowed down. The sector fell 2.9% compared to Julyafter 4 consecutive months of growth. The leading indicators do not reflect a much better situation for September: cement consumption increased 1.4% but the Construya Activity Index fell 5.4% and contracted for the second consecutive month.
Anyway, the growth of building permits was high in July. At the national level +21.9% monthly and +29.2% in CABA. However, in the accumulated annual period they fell 15.6% in the country while they grew 16.2% in CABA, measured in m2 they decreased 14.8% and 19.8% respectively.
There is a fundamental factor to explain why construction is in decline. Public works continue without being reactivatedthe main driving force of the sector. Spending on public works contracted 25.6% in real terms in September compared to August and 78.6% compared to September of last year. Transfers to National Roads, which achieved three consecutive months of growth, in September decreased by 17.1% compared to August and by 68.5% when compared to September of last year.
On the other hand, In August, the drop in the dollar cost of construction materials stoppeda trend that has been observed since April. While the CCL dollar contracted an average of 4% in August, the cost of materials in pesos grew 2.1%. The 3.7% drop in the CCL dollar in September marks that this trend has deepened.
Fernando Brovelli Report.-
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
