Within the framework of the austerity plan that will maintain the Government In order to stabilize public resources, this Tuesday, the Minister of Economy, Sergio Massa, will meet with the representatives of each ministry to analyze “investment priorities.”
This is because the executive power seeks to reduce public spending, for which each ministry of the cabinet of Government a consumption limit will be established, in order to meet the fiscal goals for this year.
To this end, Sergio Massa will analyze together with his peers what the priorities are for each portfolio and, according to the established budget, the management policies for the Government for the remainder of the year.
“We have summoned for Tuesday all those responsible for the administration of ministries to give them the programming until the end of the yearso that they know the investment priorities and spending ceilings,” the Economy Minister said on his Twitter account.
It should be remembered that Massa, when he announced his package of measures, stated that he was going to “meet the goal of 2.5% of the primary deficit of the national public system”, which implies “making all the necessary corrections” to meet that goal.
This, added to the decision that Silvina Batakis had previously announced to freeze the personnel of all State agencies for the rest of the year, will allow the Executive power try to stabilize the country’s finances.
In addition, if necessary, the head of the Palacio de Hacienda could announce new and more rigorous measures in order to achieve his economic objectives in the remainder of 2022.
The Government prepares new announcements
On Wednesday, after the meeting with the ministers, Sergio Massa, together with Fernanda Raverta, head of the ANSES (National Social Security Administration), will announce the increase foreseen in the Mobility Law, which will reach retirees and pensioners.
In addition, important programs and projects will be launched next week that will benefit different sectors. Likewise, on August 18, the meeting of the Salary Council will be held to define the new increase.