Sector Público (ingles) archivos

Sector Público (ingles)

UNIVERSITIES NEED ORDERING, NOT ADJUSTING

The massive university protest put the discussion of the university budget on the agenda. Just when the government celebrates the fiscal surplus. Faced with chronic problems of underfunding and mismanagement, the solution is not to adjust but to improve the organization of the State, in this case, that of the universities. (more…)

EXCHANGE RATE DEVALUATION IS NOT A SUBSTITUTE OF STATE ORDERING

Inflation decreases with strong exchange rate appreciation. Inflation in terms of hard currency revives the debate on the level of the exchange rate. Devaluation is not the solution but a mere compensation for bad policies. Therefore, more important than the pace of devaluation is the pace of reordering the State. (more…)

MORATORIUMS GENERATE DOUBLE PENSION BENEFITS

Moratoriums in the pension system undermine financial sustainability and equity because they generate double coverage. The government’s project to eliminate them is pertinent. But it would be convenient to accompany it with the elimination of the minimum of 30 years of contributions and perfecting the PUAM. (more…)

LABOR LEGISLATION COVERS ONLY ONE-THIRD OF WORKERS

One of the 10 points that the government proposed for the May Pact is the updating of labor regulations. The deep and chronic deterioration of the labor market makes this reform unquestionable. However, its implementation will require much more technical and political expertise than what has been shown so far. (more…)

WHILE IN CHILE AND URUGUAY POVERTY GOES DOWN, IN ARGENTINA IT GOES UP

The high poverty rate in Argentina is a chronic phenomenon. Its main cause is the prevailing consensus for decades sustaining wrong public policies. Milei broke this inertia with disruptive ideas. However, he needs to develop more technical and political capabilities to implement them. (more…)

THE PENSION FUND MUST BE USED TO PAY THE DEBT WITH PENSIONERS

The government wants the assets of the Sustainability Guarantee Pension Fund (FGS) to be transferred to the Treasury. Before its transfer, it must be used to cancel the long-standing debt that the ANSES has with national retirees for lawsuits and with the provinces for the deficit of the pension provincial funds. (more…)

OMNIBUS LAW SHOULD ADDRESS THE TAX SYSTEM DISORDER

The government of La Rioja decided to issue quasi money. The problem is the excess of spending, especially in public employment, financed with co-participation and national discretionary transfers. There is an urgent need to redesign the tax system, including the replacement of co-participation by a Convergence Fund. (more…)

OMNIBUS LAW SHOULD SIMPLIFY FAMILY ALLOWANCES

The Omnibus law proposes changes to the “1,000 Days Law”, a health act that grants additional family allowances to mothers with children under 3 years of age. Congress has the opportunity to rectify mistakes and improve social protection by simplifying and automating the family allowances system. (more…)

OMNIBUS LAW SHOULD ELIMINATE THE NATIONAL TEACHERS’ WAGE BARGAINING

One of the errors of the omnibus law is that it maintains the double negotiation in the teachers’ salaries. The federal government intervening in the negotiation of the salaries paid by the provinces is a permanent source of conflict and pressure for part of the provincial teachers’ salaries to be paid with national funds. (more…)

OMNIBUS LAW SHOULD ELIMINATE ALL BANK WITHHOLDING TAXES

The omnibus law partially limits bank withholding taxes. This will be legally challenged by the provinces that rely heavily on Sales withholdings. A better option is the total elimination of withholdings and offering the provinces that the AFIP (the federal tax agency) collects Sales Tax together with VAT. (more…)