To finance the Extraordinary bonus of up to $15,000 granted to retirees and retirees receiving lower wages, non-contributory pensions and various agro-industry support programs for drought-affected sectors, the government expanded public spending by just over $55.7 billion.
Nearly $7,000 million was funded in raisings, leaving an increase of deficit of $48.7 billion, according to decisions 241 and 242 published in the Official Gazette.
Partly financed by a reduction in the item Treasury bonds (social assistance), the item ANSeS – 60,000 million dollars – “intended for the payment of the extraordinary contribution provided for by decree no. 105/23” (Bono de fino a 15,000 dollars).
Credit also increased by $20,000 million for the National Disability Agency: Non-contributory pension plan for work disability.
He Ministry of Security receives a strengthening of 7,444.4 million dollars “with the aim of dealing with subsidies to the various associations that are part of the National System of Volunteer firefighters of the Argentine Republic.
In turn, 400 million dollars are earmarked for the National Secretariat for Children, Adolescents and the Family” for the attention of the “Actions accompanying the discharge of young people deprived of parental care” and the “Actions to repair the rights of girls, boys and adolescent children of victims of femicide-Ley Brisa”.
A total of 16,246.9 million dollars goes to the Ministry of the Economy, to the Policies program for increasing production and productivity in agro-industrial chains and to the “Argentine production enhancement program for cattle producers – En Corral Program” and for ensure support activities for IL agricultural emergency.
There is also $1,127 million for the Ministry of Health to acquire “supplies and vaccines to respond to the SARS-Cov-2 virus (COVID-19)” which is financed with resources received in 2022 “by Law No. 27.605 and related amendments, which have created an extraordinary compulsory contribution linked to the assets of human beings to help moderate the effects of the Pandemic”.
There are also minor changes to other games.
The previous budget change occurred in February with an increase in the deficit of $52,328 million. And there had been another one in January.
Charles Arterburn is a seasoned business journalist for News Rebeat, where he provides comprehensive coverage of the latest trends and developments in the world of finance and economics.