The Budget and Treasury Commission of the Chamber of Deputies will issue this Thursday an opinion on the project of expenses and resources for 2023.
The incorporation of changes requested by the governors on subsidies for interior transportation and a new mechanism for the payment of debts with Camessa and other requests by legislators on Universities, Fire Management and social programs are expected.
the ruling party
The Front of All was assured on Wednesday afternoon to be able to have an office with a high consensus since it will not only be signed by the official deputies, but also by the United Provinces, of the Federal Interbloc, and it hoped that the bulk of the radical legislators would join reported parliamentary sources.
The intention of the ruling party is to be able discuss the project in a session to be held between October 25 and 26in order to allow the Senate the necessary time to turn this key project into law for the Government before November 30.
In order to have an opinion with broad political support, the president of the Budget Commission, Carlos Heller, held conversations throughout the day with legislators from different political backgrounds who requested various changes to the text designed by the Ministry of Economy , by Sergio Massa.
From the ruling party there has always been the will to reach an agreement with the opposition, but as long as the economic variables are maintained, which estimate a growth of the economy of 2%, an inflationary pattern of 60% and a decrease in the fiscal deficit of 2.5 % to 1.9%, which is sought with reduction of expenses and subsidies.
For the FDT bench led by Germán Martínez, it is key to be able to reach agreements with the opposition blocs since it has 118 legislators -117 in a position to vote- with which it needs at least fifteen to have a more comfortable majority that exceeds 129 votes. .
Throughout the debate that lasted three weeks and during which nine ministers and more than twenty officials spoke, the ruling party showed its willingness to include modifications in response to the demands of opposition deputies as well as the FDT itself on issues such as subsidies for passenger transport and debts with the company Cammesa.
Massa and governors
On Tuesday night, Massa agreed with the governors of the FDT and the UCR to increase the items for subsidies for Automotive Transport from $66,000 million to $85,000 million.
Governor Gerardo Zamora announced on Twitter that “by common agreement, the allocation of $85,000 million was decided for the 2023 budget as a floor to correct the asymmetries between jurisdictions in terms of subsidies.”
He also pointed out that the creation of the Federal Administration Council is proposed for the application of the SUBE card and the application of subsidies by jurisdiction, and clarified that “this increase in resources will not imply an increase in nominal public spending, but rather the reallocation of items provided for in the project sent to the Congress”.
Regarding the article that establishes the procedure for debts with Cammesa, the Santiago president said that “progress was made in a structural solution program for the debts of energy companies with the firm Cammesa through a specific amortization program.”
One of the premises that the ruling party exposed throughout the debate is that the changes cannot imply a greater deficit, that is to say that any modification should not alter the forecast deficit of 1.9 percent.
In addition to subsidies for motor transport, there were demands from Together for Change to change the articles that allow the Government to increase agricultural withholdings, another on money laundering for the purchase and construction of homes, and the inclusion of a trigger clause to that if the collection increases, the Executive Power sends a correction of the Budget to the National Congress.
In the ruling party, the deputies of Patria Grande requested an increase in the items of the Progresar Scholarship Program, and for the Socio-Urban Integration Fund.
Although there are many requests for change, the Budget already has more than 65% of the funds destined for social expenses, including payments for the different assistance plans, as well as retirement and pensions, and funds for health, science and education.
The project
The project estimates a total expenditure of almost $29 billion, with an approximate collection of $22.5 billion and a primary deficit of $6.3 billion.
It also contemplates an increase in private consumption estimated at 2.2% and investment at 2.9%, while in terms of financing it seeks to reduce monetary assistance from the Central Bank to the Treasury.
Regarding the distribution of spending, the project contemplates allocating $1.6 trillion to the Government Administration, $1.2 trillion to Defense and Security Services, $18 trillion to social spending, $4.5 trillion to economic services and $2.9 trillion to public debt. billion, which implies almost $29 billion.
It contemplates an increase in exports of 7.1% against imports that would increase 2% next year, and in this way, the trade surplus would go from USD 7.7 billion this year to USD 12.3 billion in 2023.
Another central aspect will be the possibility of laundering dollars for the payment of imports of supplies and services destined for productive processes, and for the construction of real estate projects as well as for the acquisition of used homes.
In this article, Together for Change asks that there be a benefit for taxpayers who have their debts up to date.
