What are the measures announced by the new minister and what degree of “chopped paper” do they have?

What are the measures announced by the new minister and what degree of “chopped paper” do they have?

Silvina Batakis

telam

The reform has to do with the full handling by the minister in the administration of State funds. This translates into the fact that all the entities, suppliers, secretariats and organizations -which had a certain degree of autonomy in their accounting movements- will have a tax monitoring which will be fully reviewed by the Treasury.

The problem that this first measure brings has to do with the political friction and to which political terminal each office or secretary responds, because, from now on, they depend solely on Batakis.

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Silvina Batakis.

Telam

Second, he proposed a monthly budget quota system. It means that you pay with what you earn. The minister authorizes payments, not quarterly, but monthly. Although public spending could be reduced, the problem lies in the State providers who They harm your financing and pedal your paymentswhat we call, “financial bike” to the detriment of individuals.

As a third measure, we have a covert tax increase. A new tax increase will be made, but it does not increase the rate of goods, but rather the increase will depend on the value of the good. This is a revaluation on the assets that serve as a tax base to collect more. Instead of adjusting expenses, raises taxes based on their value.

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A fourth measure is refuge in fixed terms and the distance from the dollar. The minister ratified the rise in the interest rate above inflation. This means that it will force the banks to pay a rate that exceeds the inflation rates and the saver will take refuge in a fixed term through a real inflation rate so that it does not go to the dollar.

The consequences of the measure have to do with the funds that are going to withdraw from credit to the market. The banks are not going to give money. And the Central Bank is going to have to raise the rate on the bonds, and the debt gets bigger and bigger.

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Alberto Fernandez and Silvina Batakis.

Alberto Fernandez and Silvina Batakis.

Lastly, and with a great negative impact on the most affected sectors, is the ratification of the segmentation of the rates of Martín Guzmán which, through online registration, will be available on the new official website called “Energy Segmentation”.

The new subsidy scheme, which has been in force since June 2022, has as its main objective to achieve reasonable and fair rates for the energy value. The problem comes from the fact that those who do not register properly will suffer a excessive increase of your bill. In addition, it emphasizes how it will impact the hardest hit sectors of the economy.

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The basis of all economic growth cannot be the growth of public spendingleaning and hanging on growing taxes on entrepreneurship, salaries and private investments discouraging economic activity and productive development.

Source: Ambito

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