The Minister of Economy, Luis Caputo, is preparing a further cut in spending to compensate for the fall in the fiscal package provided for in the omnibus law. Caputo set out to eliminate the financial deficit, which last year ended up being 6.1% of GDP, almost one point above the 5.2% predicted by the minister.
The provinces could lose a fund of almost $2 billion, which are the discretionary resources they receive from the Treasury, national programs, funds for pension funds and public works.