Most of the funds were closed by irregularities, in which it was detected that they did not fulfill the function for which they were created.
The Ministry of Economy ordered a modification to Resolution 796/2024 to specify the process of liquidation of dissolved fiduciary funds.
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It was determined that, In case of accrued obligations before the dissolution of a funddisbursement instructions They must be issued by the corresponding trustee and approved by the National Directorate of Patrimonial Standardization. If the instruction must be managed by the Legal and Administrative Secretariat, the procedure established in Resolution 95/2024 will be applied. The measure will enter into force with its publication in the Official Gazette.


Recently, on January 6, the Government decided to eliminate the first three fidunctione funds of the year in which it had detected irregularities. It was about Universal Service Trust Fundhe Fiduciary Fund for Social Housing and the Rural Development and Family Agriculture Program Trust (Prodaf), whose activities were relegated from the Decree 6/2025published in the Official Gazette.
The Government of Javier Milei has already closed more than seven fidununcuncourse funds since he arrived at the Casa Rosada
Within the arguments mentioned by the Executive, the identification of irregularities in the administration was mentioned, as well as in the breach of the objectives for which they were created. In this way, the number of funds that ceased to exist It amounts to more than seven since Milei arrived at the Casa Rosada.
Within the framework of decisions, the Government did not forget to mention in one of the paragraphs, which, through the Base Law, is enabled to “modify, transform, unify, dissolve or liquidate public fiduciary funds in accordance with the rules that There they are established ”, under the recommendations made by the Ministry of Economy.
What are fiduciary funds
The Fiduciary funds They are mechanisms through which the National State assigns resources to an entity to administer them to their benefit or in that of a third party, with the condition that they are used exclusively for the purpose for which they were created. These funds offer flexibility in their management.
According to specialists, the administration of these funds usually lacks transparency, allowing discretionary management and without adequate audit or control.
Source: Ambito

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