The government of Javier Milei announced the end of the program on Monday night Procreateone of the main initiatives that Kirchnerism had in terms of housing. In this framework, the Buenos Aires governor Axel Kicillof He questioned the Government for the decision.
On his social networks, Kicillof published a message addressed to the ruling party after the announcement. “It’s incredible. The Milei government celebrates every time it takes away the rights of the people. The PROCREATE “It was one of the most successful and virtuous housing credit plans,” he noted in his X account.
“More than half a million working, middle-class families gained access to their own home or improvements. It was implemented together with the Mortgage bank. Today thousands of homes under construction remain abandoned. They govern only for those who have the most,” the governor completed his message.
The Government announced the end of the Procrear program
The news was given by the presidential spokesperson, Manuel Adorni, on their X account (formerly Twitter), a now common way of providing information.
“Two economic developments: starting tomorrow the Procrear plan as we know it will cease to exist. In addition to this, ‘divisible mortgages’ will begin to be allowed for real estate projects under development”he indicated on his social network.
Furthermore, he added: “Great management by Luis Caputo (Minister of Economy). End”.
The announcement was made through social networks, the same thing that had happened with the name change of the now former Néstor Kirchner Gasduct and with the deregulation of the postal service and postal operators.
Now, the same thing was done with the end of the Procrear program, one of the main announcements that was carried out during Kirchnerism.
Since the arrival of Javier Milei to the Casa Rosada, trust funds linked to education, health, agricultural activity, the protection of forests and the urbanization of neighborhoods, among others, have already been closed.
The plan that will stop working as of this Tuesday depended on the Ministry of Economy headed by Luis Caputo, and is under the administration of the Secretariat of Territorial Development, Habitat and Housing.
Given the elimination of the plan, the Executive Branch will enable “divisible mortgages” to compensate for the credits that have already been granted.
Source: Ambito
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