Asunción, IP Company.- Well being, schooling, safety and social transfers would be the precedence areas of the Central Authorities, to be addressed by the USD 100 million deposited into the Nationwide Treasury, following the switch made by the Argentine authorities, as power switch.
This was said right this moment by the Minister of Economic system and Finance, Carlos Fernández Valdovinos, who described this occasion as historic, in communication with a radio station.
«We’ve got clearly outlined that are the precedence sectors: well being, schooling, safety and social transfers. So far as the Treasury is anxious, these sources will complement or change one other supply of financing that we have now for this yr,” mentioned the minister.
He specified that fifty% will probably be allotted to Governments and Municipalities which can be within the space affected by the dam and the opposite 50% for the aforementioned sectors.
“We at all times have a reasonably cautious place in estimating revenue. We didn’t have this, so it’s extraordinary so as to add extra sources this yr, Fernández acknowledged.
Likewise, the Secretary of State indicated that the debt of the Argentine Authorities amounted to USD 132 million, of which USD 12 million have been paid at first of June and USD 100 million final Friday. The remaining USD 20 million, in line with the settlement, will probably be paid subsequent August, which might cancel the debt.
“If the debt is canceled, Argentina might have a zero debt stability, which is one thing historic. The quantity had amassed over a number of governments, however this one has proven a willingness to unravel the issue. “It has been a silent and prudent negotiation, and now the outcomes are seen,” he added.
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2024-06-25 06:55:18
