Sources obtained in Itaipu is not going to go “in any manner” to growing salaries, says minister

Carlos Fernández Valdovinos, Minister of Financial system and Finance. Photograph MEF

Assumption, IP Company.– The Minister of Financial system and Finance, Carlos Fernández Valdovinos, said that the extra sources obtained in Itaipu via the latest negotiation with Brazil is not going to go “in any manner” to growing salaries within the public sector. The roadmap for its environment friendly and clear use may be very clear, he mentioned.

The minister thought-regarding that “it might be ineffective to have obtained that cash if we don’t spend it effectively and transparently.”

On this sense, he indicated that the Financial Staff is engaged on a plan to outline essentially the most applicable manner attainable, making an allowance for standards of effectivity and transparency, to start spending these sources.

He acknowledged that the opportunity of making a Sovereign Fund is being thought-regarding, though the proposal that the sources go to the Nationwide Expenditure Finances can also be being mentioned, essentially, on the parliamentary stage.

The purpose that Minister Fernández was clearly emphatic is that “this might not in any manner improve the wage.”

«The street map of the President of the Republic may be very clear, the place he talked regarding early childhood diet, street and electrical infrastructure. “I consider that we will rule out using these sources for greater salaries,” he mentioned in a radio interview this weekend.

The minister said that “a choice of that kind might be horrible and we’re not supporting any kind of wage improve.”

Relating to the time through which the extra sources shall be accessible, the minister defined that following the rise within the worth of the tariff there shall be an earnings within the quick time period, however that the sources will are available in because the sale of vitality from Itaipu and when billing is finished, that’s, as soon as a month.

“We can not start to spend or design how we’re going to spend one thing that we didn’t have till final week,” he mentioned.

Relating to the ensures of effectivity and transparency, he famous that “in using these sources we’ll reply with actions.”