federal state
Reality imposes a reordering of the federal public sector. As important as to tend to financial sustainability is to improve the quality of the interventions. A key step is to critically review the national programs that overlap with services in charge of the provinces and municipalities. (more…)
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The decision that the Central Bank stops financing the Treasury is a good practice in institutionalism and transparency. But it does not solve the basic problem which is the endemic fiscal deficit. Whatever the strategy to control the dollar is, success is tied to a credible plan to reduce public spending. (more…)
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