After considering the fiscal package of the omnibus law lost, the Government kept its word and began to suspend the advance of transfers for the payment of salaries.
The measure had already been anticipated last week by the Executive and
this Monday it began to impact public organizations, such as universities and hospitals,
with the postponement of salary payments.
"Based on a circular from the Central Bank of the Argentine Republic ordered by the national authorities,
the Bank of the Argentine Nation informed our University that it will not be able to advance
, from this month and until further notice, the payment of salaries, as it is provided in the agreement between our institution and the banking entity," reported the National University of Rosario.
In this framework, the study house noted that "the payment of salaries for agents who receive them from Banco Nación will be made at the time the National Treasury completes the transfer."
The University of San Juan also notified that it postponed the payment of salaries due to the suspension of the advance granted by Banco Nación.
The Posadas Hospital took a similar measure
by reporting that "due to a new provision of the Banco de la Nación Argentina that exceeds the administrative area of the hospital, the salaries corresponding to the month of January 2024 will be effective in the salary accounts of the staff of 1 "to February 5, 2024".
The measure by Banco Nación is in response to the
government's decision to restrict the quota of temporary advances to finance the payment of salaries
of the non-financial public sector, a rule of the Central Bank created in October 2019 during the administration of Mauricio Macri and that It was renewed year after year, but now the authorities decided not to renew.
"The Central Bank informs us that the extension of the authorization for the provinces to go into debt with provincial banks has been left off the agenda,
a mechanism that they often used to face urgent financial needs
," said the presidential spokesperson, Manuel Adorni, in press conference this morning at Casa Rosada.
In reality, communication A7674 not only reaches the provincial banks that had that margin for "financial assistance" for the payment of salaries of the non-financial public sector, but also the public organizations that have already exhausted the quota to finance that expense. .
"It not only affects universities, but also ministries and other organizations,"
official sources confirmed.
The official decision fell like
a bomb in the provinces
that depend on advances from provincial banks or Banco Nación to cover a sensitive item, such as the payment of salaries in the midst of escalating inflation.
In some districts like Catamarca, they have already begun to acknowledge receipt of the closure of the tap from the Nation.
The restrictions on the payment of salaries come after the failure of negotiations in Congress that forced the government to withdraw the fiscal package of the omnibus law and announce last Friday "a greater adjustment for politics, the Nation and the provinces."
With these new measures, the Minister of Economy, Luis Caputo, seeks to achieve the "zero financial deficit" agreed with the IMF.