The government of the province of Buenos Aires will introduce the bill to the Legislature next Monday. Budget 2025 and the Tax Lawand from the Executive Branch they indicated that both initiatives “prioritize an inclusive protection and development approach for the 17 million inhabitants in a recessionary context and in light of current national policies.”
The main guidelines of the so-called “law of laws” will be presented on the same day before the legislators of all political blocks by the Minister of Economy, Pablo Lópezstarting at 10 in the morning in a meeting that will take place in the Chamber of Deputies.
Sources from the Buenos Aires administration specified Scope that “The 2025 Budget project organizes its priorities taking into account the current recessive context and the decisions made by the national government”.
In that sense, they stressed that “we will continue to support a present State that mitigates the impact of national policies on the people of Buenos Aires and that provides continuity of the medium and long-term development agenda that cost so much effort to deploy in the Province. combined with the design of an inclusive future for the 17 million Buenos Aires residents as a primary objective.”
With these goals, from La Plata they expressed to this medium that social programs will be reinforced (especially those linked to food, such as SAE and MESA); health (coverage of medications and vaccines, such as dengue fever); education (extension of the obligatory nature of initial education from the age of 3; maintaining full-time education; extension of the Puentes program, among others); and security (expanding and improving equipment and technology; and training of agents).
In parallel, it was highlighted from the Executive that “we will continue to contemplate the transversal gender perspectiveto continue bridging inequality gaps in the Province” and it was indicated that it is the first law of laws “with a transversal environmental perspective.”
Works and infrastructure
Public works will continue to be a priority axis for the Province and the Buenos Aires administration highlighted that “the sources of financing for specific projects will be maximized, among which are credits from multilateral development organizations.”
In this way, the budget will focus on investment in school, health, housing, road and water infrastructure“to continue the development process and integration of the people of Buenos Aires.”
“Likewise, efforts will be redoubled to deploy policies to support the productive sectors, key in generating employment, and to especially support Buenos Aires SMEs,” it was noted.
Last Wednesday, López advanced the central points of both projects in a meeting with the president of the Chamber of Deputies, Alejandro Dichiara; the heads of the Unión por la Patria blocs in the Deputies and the Senate, Facundo Tignanelli and Teresa García, respectively; and the president of the Budget Commission of Deputies, Juan Pablo de Jesús.
It is expected that on Tuesday the initiatives will take parliamentary status in a special session convened for that purpose, and then the analysis will begin in committees. As usual, different ministers will be called and the head of the Collection Agency (ARBA), Cristian Girardso that they can explain to deputies and senators how the resources will be allocated to each area.
Regarding the Tax Law, ARBA announced that for taxpayers of the Automotive and Urban Real Estate Tax Bonuses for good tax behavior will be maintained, granting a 5% discount to those who do not accumulate debt and a 10% discount for annual payments, which will be added to the current benefits.
For him Rural Real Estate Taxthe bonuses will apply for good compliance, adherence to automatic debit and linking the item with the taxpayer’s Cuit before ARBA.
Without its own majority, the ruling party needs the support of opposition sectors to approve these initiatives, who in turn pressure to include issues such as the implementation of the Single Paper Ballot and greater funds for municipalities affected by the reduction of national resources. The internal ones within Peronism could also add complications to the negotiations.
This year, Kicillof had to manage with the extended 2023 Budget, given that the national government did not present macroeconomic guidelines for 2024.
Source: Ambito
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