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

Ismael Bermudez

09/20/2021 12:30

• Clarín.com

• 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:

1.

Medical equipment and drugs

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

87.6%.

2.

Subsidies to SMEs and Repro

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

3.

Progresar Scholarships

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

4.

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%).

YN

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