The Buenos Aires Minister of Finance goes to the Legislature for the 2022 Budget

The Buenos Aires Minister of Finance goes to the Legislature for the 2022 Budget

The 2022 Budget project entered the Buenos Aires Legislature last Wednesday, more than 45 days late.

The Buenos Aires Minister of Finance and Finance, Martín Mura, will attend the Legislature this Friday to explain to the deputies the draft of the 2022 Budget, which contemplates expenses of more than $ 964,000 million and which has, as a reference, the macroeconomic guidelines established by the national budget projection with a growth of 4%, an inflation of 33% and an exchange rate of $ 131.1 per dollar.

The official will participate from 11am in the Budget and Finance meeting, chaired by the deputy of Vamos Juntos, Claudio Romero.

The 2022 Budget project entered the Buenos Aires Legislature last Wednesday, with more than 45 days of delay, and the debate is expected in the premises in the session of December 9, one day before the parliamentary replacement.

Strictly speaking, the presentation had a deadline of September 30, the day on which the administration in charge of Horacio Rodríguez Larreta notified, through a letter to the legislators, that it was postponing the shipment.

As indicated by the Buenos Aires Executive in a statement, for 2022 it stipulated a Budget “with more than 50% destined to social areas and the maintenance of investment in security”; while he pointed out that “the non-resolution of the conflict over the withdrawal of the Coparticipación implies that the City will continue with a contingency budget.”

On the other hand, he specified that “investment in public works and maintenance of public space reaches 14%“with funds destined to” the modernization of the subway network, new works and spare parts in schools, acquisition of police equipment, new works and spare parts in police stations, works in hospitals, vulnerable neighborhoods and the Lower Metrobus. “

He indicated that there is no “tax increase or creation of new taxes”, however he clarified that the tax rate of ALumbrado, Sweep and Cleaning (ABL) “it will continue to be updated monthly due to inflation”, while that of Patent “It will come from the average value of the car in the auto market.”



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