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Through a decree, the Government eliminated the Provincial Strengthening Fund

2024-02-26T10:14:33.282Z

Highlights: The Government eliminated the Provincial Strengthening Fund. It was created in 2020 with the City's co-participation money. The Executive justified its decision by maintaining that it is carried out within the framework of “a necessary adjustment at the national level” The decision is protected by the megadecree of December 20 that declared a public emergency in economic, financial, fiscal, administrative matters, among others sectors. It removes more than 1% of its portion from the City.


It was created in 2020 with the City's co-participation money.


This Monday, the national government eliminated the Strengthening Fund of the province of Buenos Aires, which in 2020 was created by the administration of Alberto Fernández, seeking to compensate the province in the midst of the coronavirus pandemic in the distribution of the co-participation, which meant It removes more than 1% of its portion from the City.

It did so through a decree of 192/2024, which was published in the Official Gazette, by which article 4 of DNU No. 735 of September 9, 2020 was repealed, which created said fund to “contribute to sustaining the normal functioning of the finances of the Province of Buenos Aires.”

The Executive justified its decision by maintaining that it is carried out within the framework of “a necessary adjustment at the national level”, which is protected by the megadecree of December 20 that declared a public emergency in economic, financial, fiscal, administrative matters, among others. sectors.

News in development.

Source: clarin

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