ENERGY SUBSIDY SAVINGS DESTINED TO MORE PUBLIC SPENDING

The persistence of inflation generates justified concerns. The main reason is that important savings obtained in energy subsidies went to higher spending in other subsidies and in national programs that overlap with provincial and municipal functions. Meanwhile, the high growth of ANSES (the social security office) expenditures continues. There is no possibility of reducing inflation without a more comprehensive reengineering of the public sector. (más…)