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October 26, 2022
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The main points of the draft Budget

The main points of the draft Budget

The Budget project was approved in a special session of the Chamber of Deputies / Deputies Press Photo.


The Budget project that was approved in a special session of the Chamber of Deputies Its central points are the forecast of a global expense of almost $29 billion, a fiscal deficit of 1.9%, an inflationary pattern of 60% and allocates 70% of the resources to social items.

The main points of the Budget

• The overall cost of the Budget will be $28,954,031,315,031.

• The anticipated resources for the next year it is $22,554,178,961,624.

• It seeks to reduce the deficit from 2.5% in 2022 to 1.9% in 2023, for an amount of $6,399,852,353,407.

• The inflation pattern it is estimated at 60%.

• An article was included that obliges the Government to send a budget correction if the collection or inflation exceeds the forecast goal by 10% as of August 31.

• The chief of staff was empowered to readjust items so that the educational expenses they cannot be less than 1.33% of the Gross Domestic Product (GDP).

• Incorporated the money laundering only intended for purchases of used homes

• rose internal taxes from 6.5% to 9.5% to electronic products produced in Tierra del Fuego. For imported ones, the increase is from 17% to 19%.

• Created a tax on plane tickets $250 earmarked for airport security.

• The company balance sheets may allocate up to a third of the inflation adjustment in 2022, a third in 2023 and another in 2024

• The resources for the Government Administration will be $1,628,433,324,230 in 2023.

• $1,255,059,015,383 will be allocated to Defense and Security services.

• Funds earmarked for social funds will be $18,651,628,646,227.

• Economic services will be $4,504,399,928,803

• For him debt payment $2,914,510,400,388 will be allocated

• An article will allow truck workers not pay income taxes for the additional ones that they charge as prizes, travel expenses and food.

• National universities will receive $752,000 million.

• $10,000 million will be allocated to National Unemployment Fund.

• $9,000 million will be allocated to the National Fund for the Enrichment and Conservation of Native Forests and $1,000 million to the Protection of Native Forests.

• The fiscal quota will be $3,000 million to comply with the Law for the Promotion of Technological Innovation, $700 million for biotechnology and $70,000 million for the Knowledge Economy Law.

• The ruling allocates $153,000 million for the payment of pension sentences with firm judgment.

• $85,000 million will be allocated to passenger transport within the country in concepts of subsidies and the obligation to have the SUBE system.

• A payment of $47,000 million is established to the province of The Rioja to be paid in 12 installments.

• It is extended until 2025 national food emergency.

• The opinion establishes that the provinces and municipalities must control that the electricity companies pay their debts to the wholesaler Cammesa and they will have six months to agree on a payment plan.

• It will be allowed to discount Profits up to 40% of expenses for education.

• A new tax regularization regime for provincesand the city of Buenos Aires for the cancellation of debts and social security resources due until October 31, 2022, with the exception of contributions to social works and work risk insurers (ART).

• The opinion introduces a change so that the contribution to social works is made according to each category of the Monotax, which is currently a fixed amount of $1,778. With this change, the highest category will pay $10,505.



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