2024-11-19 03:26:00
President of the UCR Legislators Union, Matthias Gvozjenovich question “Continuing to grant dangerous debt mandates”at the beginning of the debate Budget 2025 It will formally gain parliamentary status at Wednesday’s meeting. In any case, the ruling party first called for an information meeting of the committee on Tuesday at 10:30 am, with participants including Monica Zornberg (Financial Secretary) and Gerardo Pintucci (Minister of Public Revenue).
Two officials leading the economic team Guillermo Acosta A round of meetings of ministers and secretaries will begin, who will provide details of the budget items allocated to the main areas of government through the unicameral system Martin Larriola.
Within this framework, the Sword of DeLoredista opened fire on requests for the Legislature to authorize action. New credit exceeds US$3 billionThat includes next year’s budget bill.
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This is new debt generated through placements on the market by the Provincial and Córdoba Investment and Financing Agency (Acif) and multilateral credit organizations.
“We continue to give dangerous mandates to a debt that we will have to face for generations in the medium to long term, beyond the market conditions that recommend taking on such debt,” the deloredista said.
On the tax issue, the leader of the activist group said, “Although the government presents itself in another way, Rural real estate in Córdoba to be renewed by up to 189%and be updated over time to avoid absorbing the measure’s strong impact on rural producers.
In a context where the national government seeks to reduce the consolidated fiscal deficit to 25 percentage points of GDP through cuts, White Beret opponents insist that “Cordoba faces adjustments that could undermine its ability to maintain basic public services and critical infrastructure.” Facility project capabilities.
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Gvozjenovich said that based on experience, they do not trust the measure, which partially compensates the state for stopping coverage provided to the province, with 11.5 per cent of total spending going to public works, mainly road infrastructure, health and education, which can be seen as an encouraging measure. , “Concerning the political and discretionary allocation of these funds to interior jurisdictions.”
Doubling down on his criticism, the DeLoredista congressman noted, “While Córdoba’s 2025 budget reflects efforts to adapt in several areas to adapt to the new economic environment”no warnings were missed “Facing pressure to reduce spending amid lower federal supportwhich has created uncertainty about the actual impact on the service industry and the local economy.
2025 Budget Roadmap: The bill was introduced last Friday and will gain parliamentary status during Wednesday’s session. There will be a first reading discussion on November 27. The required public hearings will then be held. Second reading approval is scheduled for December 11.
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What are the potential long-term implications of the new $3 billion debt proposed in the Budget 2025?
**Interview with Matias Gvozjenovich, President of the UCR Legislators Union**
**Interviewer:** Thank you for joining us today, Matias. As the President of the UCR Legislators Union, your remarks about the upcoming Budget 2025 debate have drawn significant attention. Could you elaborate on your concerns regarding the proposed new debt of over $3 billion?
**Matias Gvozjenovich:** Thank you for having me. My main concern is that the government is continuing to authorize dangerous debt mandates that will burden future generations. This new credit, while presented as a necessary financial tool, exceeds $3 billion and represents a long-term liability that we simply cannot ignore. We need to prioritize sustainable fiscal policy rather than quick fixes that mask deeper issues.
**Interviewer:** You mentioned in your comments that the government’s messaging around this debt can be misleading. What do you mean by that?
**Matias Gvozjenovich:** The government often portrays itself as managing the economy effectively, yet the reality is that now, more than ever, we are creating conditions that will be detrimental in the long run. For example, the proposed changes to property taxes for rural real estate in Córdoba, which are projected to increase by up to 189%, further indicate a failure to confront the underlying economic challenges without resorting to extreme measures.
**Interviewer:** In light of these concerns, how do you plan to engage with the ruling party and their economic team leading up to the budget discussions?
**Matias Gvozjenovich:** We need to foster an open dialogue with the ruling party, starting with tomorrow’s information meeting where we’ll hear from key figures like Monica Zornberg and Gerardo Pintucci. It’s crucial that we examine the details of the budget and hold officials accountable for how they intend to allocate funding. We cannot allow essential conversations about responsible economic management to take a backseat.
**Interviewer:** What changes would you propose to ensure a more stable financial future for Córdoba?
**Matias Gvozjenovich:** I believe we need to prioritize transparency and accountability within our financial practices. There needs to be a shift toward prudent fiscal management that does not rely solely on debt. Additionally, we must create a strategic plan that focuses on sustainable growth and development, ensuring that we are investing in policies that will support our economy in the long term without incurring excessive debt.
**Interviewer:** Thank you, Matias, for sharing your insights on this crucial matter. We look forward to seeing how the Budget 2025 debate unfolds.
**Matias Gvozjenovich:** Thank you for providing this platform to discuss these vital issues. It’s essential for our democracy that we engage in these conversations.
