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Buenos Aires Claims a 19.1 Trillion Peso Debt from the Nation and Awaits Court Rulings

Axel Kicillof’s government renewed its claim for national funds, public works and programs. According to the province, the total shortfall amounts to 28.4 trillion pesos.

2 min read Updated

Foto: La Nación Argentina
Foto: La Nación Argentina

The government of the province of Buenos Aires renewed its claim before the national administration over a debt it puts at 19.1 trillion pesos and is awaiting a signal from the Supreme Court in the cases already taken to court, according to La Nacion.

According to what Buenos Aires Province Minister of Government Carlos Bianco said, the amount stems from three major items: 4.7 trillion pesos in direct debts, 10.1 trillion in committed and halted public works, and 4.3 trillion in discontinued or delayed national programs.

According to the breakdown published by La Nacion, the main component of the claim corresponds to 180 stalled projects. These include delays in Procrear, breaches of agreements such as Casa Propia, delays in prison infrastructure for 12,000 new places, and the suspension of works at universities and at the General Directorate of Culture and Education.

In the direct debts section, the province is claiming, among other items, delays in Anses transfers to the provincial fund for 2.8 trillion pesos, compensation under fiscal consensus for 1.3 trillion, as well as allocations linked to the Teacher Incentive Fund, the Fiscal Strengthening Fund, the Sexual and Reproductive Health Law, financial assistance agreements and port infrastructure.

Regarding delayed or discontinued national programs, La Nacion mentioned delays in the Fiscal Strengthening Fund, Fonid, food purchases for soup kitchens, the compensation fund for motor transport and support programs for women victims of gender-based violence. BAE Negocios added in that category allocations for climate emergencies, tuberculosis treatments, the Remediar program and post-transplant medications managed by Cucaiba.

Bianco also added a 5.9 trillion peso drop in national-origin resources and a 3.4 trillion decline in provincial tax revenue linked to the recession. With that calculation, the total shortfall attributed by the province to Javier Milei’s government reaches 28.4 trillion pesos, a figure that, according to La Nacion, the official compared with more than half of the annual Buenos Aires budget.

Fuentes

Sobre esta nota. Written by El Notero with the assistance of artificial intelligence, based on what was published by the cited outlet. El Notero did not conduct its own reporting on this event.

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