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Until August, the Government authorized to spend only 34.5% of the proceeds of the wealth tax


They are data from the Congressional Budget Office (OPC). The total raised is $ 191,250 million.

Ismael Bermudez

09/20/2021 12:30

  • Clarí

  • Economy

Updated 09/20/2021 12:30 PM

While in government and in the front of all the debate over whether or not there fiscal adjustment, to August 31, the administration of Alberto Fernández

authorized to

spend only $ 65,938,000 of the $ 191,250 million raised from the wealth tax

that entered in the account of the National Public Administration.

It represents 34.5% of the total,

according to the Budget Office of the National Congress (OPC).

By the Budget law, the collection of the Solidarity and Extraordinary Contribution must be allocated:

  • 20%

    to the purchase and / or manufacture of medical equipment, protection elements, medicines, vaccines and all other critical input for prevention and health care.

  • Another 20% to subsidies to micro, small and medium enterprises

    with the main objective of sustaining the employment and remuneration of their workers (Repro).

  • 20%

    to the comprehensive program of Progresar scholarships, of student scholarships.

  • 25% to

    natural gas exploration, development and production

    programs and projects

    , through Integración Energética Argentina SA

  • 15% for the Socio-Urban Integration Fund

    for the improvement of health and housing conditions of the inhabitants of popular neighborhoods.

Of the total tax collection ($ 225,000 million),

$ 191,250 million were incorporated into the

National Budget.

And the other $ 33,750 million correspond to the Socio-Urban Integration Fund, which is administered extra-budgetary.

Of the $ 191,250 million, the authorization for the use of the budget credit was as follows:


Medical equipment and drugs

: of the $ 45,000 assigned, $ 39,438 million were accrued.



Subsidies to SMEs and Repro

: 58.5% ($ 26,500 million) was allocated


Progresar Scholarships

: of the $ 45,000 million, accrual of 0.


Energy Projects

: of the $ 56,250 million, accrual of 0.

Of $ 39,438 million for health expenses,

$ 38,678 million were for "acquisition and transfer of vaccines by Covid",

with an execution of 93.3%.

The $ 92 million for Hospital Favaloro fulfilled 100% of what was authorized.

To the Posadas Hospital, of the $ 224 million loan, 19.1% ($ 53 million) was fulfilled.

For sanatorium and laboratory equipment ($ 801 million), the credit is $ 496 million, equivalent to 62%.

To the National Administration of Laboratories and Institutes of Health “Dr.

Carlos G. Malbrán ”(ANLIS), of the $ 217 million loan, the authorized expense was $ 118 million (54.6%).


Look also

Salaries, spending and dollars: What if the President listens to Cristina Kirchner?

Carlos Melconian asked the Government to avoid falling into the same post-election trap as always

Source: clarin

All business articles on 2021-09-20

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