The Argentine government has proposed that if provinces need funds for universities, they should obtain them from public works, instead of extending the budget allocation. This position remains firm, following the path set by the President regarding the distribution of resources to higher education institutions. An official legislator emphasized the importance of using resources properly and mentioned conducting audits in this context.
The Executive celebrated the reduction of country risk below 1000 points and expects an economic improvement starting January next year. The possibility of using additional resources for political purposes ahead of the 2025 legislative elections is ruled out. It is emphasized that a different path will be followed compared to previous administrations and that the current economic direction will not be changed for electoral advantages.
In this context, the government is expected to maintain its stance on fiscal balance despite specific increases in areas such as Defense and Internal Security. This will be reflected in the 2025 electoral campaign. In the current negotiations regarding the 2025 budget, one of the main points of discussion is the updating of pensions, which is a significant obstacle for the approval of the bill.
The Government maintains its position on the 8.1% increase in pensions that had been vetoed last September. The resistance also extends to the allocation of resources to public universities. Despite the demands of the dialoguing opposition, a general agreement framework around the 2025 budget is highlighted, with the pension issue being the biggest hurdle in this process.
