2024-10-31 06:51:00
Government will offer provincial leaders a menu of “spending cuts” to make room for their demands in the 2025 budget and those lawmakers who don’t have political bosses but maintain influence in Congress. Officials with direct ties to the governor are demanding public works and reallocating funds, while those who are unresponsive to leadership insist on addressing issues such as universities and retirees.
The first public trial along these lines will take place this Wednesday afternoon in the House of Representatives by the Free Avanza group, which held a press conference Senate President Pro Tempore Bartolome Abdullah and Budget and Finance Committee Chairman Esequiel Atosh were also invited to attend.
However, The meeting was suspended after Diana Mondino was expelled from the cabinet by President Javier Milley.The former foreign minister will be replaced by Gerardo Werthein, Argentina’s ambassador to the United States. Anyway, I took the first step yesterday Two meetings were held in the House of Lords with senators from the Activist and United Provinces Groupsa space that took months of push and pull to form.
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Both meetings were attended by Deputy Chief of Staff José Rolandi and Finance Minister Carlos Guberman. agent argentina news To be able to reconstruct those meetings in which the ruling party received concerns from two parliamentary groups: on the one hand, those with direct links to the governor demanded Public works and reallocation of fundswhile those who don’t respond to top-down leadership insist on questions like Colleges and Retirees.
The Rose House envoy’s response was specific: Agree to their request They will have to eliminate other expenses to balance the scale. “Zero deficit is not negotiated”supplemented by a voice that understands meetings. To this end, the Dialogue Opposition maintained a friendly attitude toward the executive branch during the first 11 months of the government’s term. Aims to tie the project into a clear plan on how the funds will be used Consider that the legislative election campaign is about to begin in a few months.
“They don’t believe we are politically different,” argued one liberal. “They set our country on fire,” he added. “There are two more pesos now and they want to distribute it. We want to In order to reduce taxes, The opposition fears the ruling party may take action against the industry once the budget is approved. It opens a new chapter in negotiations that have been underway in the House of Representatives for weeks.
Mauricio Macri meets with the PRO Group and adjusts discussions on the 2025 budget
Country representatives that make up the PRO groupLed by Cristian Ritondo, They received Mauricio Macri this Tuesday, He has been strategic with Javier Milei and La Libertad Avanza. The secret meeting coincided with recent statements from leaders of both groups who said they would hold a meeting ‘Almost complete ideological overlap’ between PRO and LLAwhich not only strengthens the government in the legislative sphere, but also leaves open the possibility of an electoral coalition in 2025.
“He emphasized his relationship with Javier Milais, who he said was his friend, that he had feelings for him and that he was the one who most wanted us to go together next year.”disclosed to the agency argentina news Important representatives of the group attending the Yellow Party meeting. According to this reconstruction, Macri “stressed that the government has made small gestures towards us, which he hopes will be bigger in the coming months.”
This meeting will review the “Proposal on Further Strengthening and Implementing the Decision on Promoting the National Development and Reform Commission” as one of the themes. Budget 2025To this end, the Yellow Group will do its best to cooperate with the government to maintain the premise of zero deficit. “It was a very good meeting, a few weeks ago we discussed with Mauricio the possibility of him participating in the collective meeting and today he finally came. No themes have been downgraded.The concerns and opinions of the representative of our group were heard and his views on the current situation in the country were presented.
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**Interview with Economic Analyst Laura Martinez on Argentina’s 2025 Budget Proposal**
**Interviewer:** Good morning, Laura. Thanks for joining us today to discuss Argentina’s draft 2025 budget, which includes a proposed 5% GDP growth and a primary fiscal surplus of 1.3%. What are your initial thoughts on these projections?
**Laura Martinez:** Good morning! It’s a pleasure to be here. Looking at the draft budget, the 5% GDP growth projection is quite optimistic, especially given the historical volatility in Argentina’s economy. However, it suggests that the government is aiming for a recovery phase after previous economic challenges. Reaching this target will depend heavily on effective fiscal management and the ability to attract investment.
**Interviewer:** The government is planning to negotiate spending cuts with provincial leaders to balance this budget. How realistic do you think these negotiations will be?
**Laura Martinez:** Negotiating spending cuts is always a challenging task, particularly in a politically diverse country like Argentina. The government needs to cater to various interests, including public works, education, and social programs. While the “zero deficit” approach might sound appealing, it can create tensions among lawmakers who have different priorities. The success of these negotiations will largely depend on the ability of the administration to convince stakeholders that these cuts are in the country’s best interest.
**Interviewer:** You mentioned a diverse political landscape. How do you think the recent cabinet changes, including the expulsion of Diana Mondino and the appointment of Gerardo Werthein, will affect these budget negotiations?
**Laura Martinez:** Cabinet changes can introduce significant uncertainty. Mondino’s removal, especially after a contentious tenure, might lead to shifts in strategy regarding negotiations. Werthein brings experience as ambassador to the U.S., which could help in international relations, but domestically, it’s crucial for him to establish rapport quickly with provincial leaders. His ability to navigate these negotiations will be vital in securing support for the budget.
**Interviewer:** Lastly, with an upcoming legislative election campaign, how do you think this budget will play into the political scenario in the coming months?
**Laura Martinez:** This budget will undoubtedly be a central issue in the campaign. Various political factions will use the budget’s provisions to either support or criticize the current administration. The opposition is already voicing concerns about potential impacts on taxation and industry. This context makes it essential for the government to effectively communicate the rationale behind budget decisions and the benefits of potential economic growth to maintain public support as elections approach.
**Interviewer:** Thank you, Laura, for your insights. It seems like Argentina is at a crucial juncture regarding its economic and political trajectory.
**Laura Martinez:** Absolutely. It will be interesting to see how the situation evolves and whether the government can implement its proposals while maintaining political stability. Thank you for having me!
