In mid-2020, there were 13,151,586 children and adolescents (up to 17 years of age) in Argentina. 57.1% of that universe was poor and 15.8%, indigent, rates much higher than the general average of the population.

  •  About 4.6 million of children and 2.9 million of adolescents were below the poverty line.
  • Poverty and indigence rates in households with children and adolescents were three times higher than those in households without children and adolescents.
  • Of households with employed persons in which minors live, 40% were below the poverty line. This means that despite having at least one salary, this income was not enough to cover the family’s basic needs.
  • Of children and adolescents in compulsory education age (4 to 17 years of age), 96.9%were in school, most of them attending public schools. For the non-compulsory segment, this percentage drops to 14.5%.
  • The incidence of poverty drops significantly if the head of the household completed his or her secondary education. However, one out of every six households headed by a person with university education was below the poverty line.
  • The actions undertaken by the national government to care for children and adolescents implied a budgetary effort of 3.6% of GDP in 2020, 12.7% of total expenditure.
  • Public policy aimed at improving the general conditions of the population, which also have an impact on this segment, required an additional 2.4%.
  • State efforts were insufficient to substantially improve the living conditions of this age group, and it is necessary to pay more attention to children and adolescents to guarantee their access to basic rights.
Guidelines for the preparation of the macroeconomic scenario

Guidelines for the preparation of the macroeconomic scenario

The purpose of this document is to outline the main methodological aspects and the technical tools used for the preparation of the macroeconomic scenario adopted by the OPC in the framework of the report “Revised Estimates – 2020 Budget Bill”.

The approaches included in this document are not intended to specify a closed macroeconomic model, to investigate the causal processes of the phenomena under study or to provide certainty for future budgetary outcomes. Rather, it seeks to contribute to the analysis of how the argentine economy and public budget will evolve if the current economic policy and the same conditions are to remain unchanged.

Macroeconomic variables play a fundamental role in the design of budgetary policy as they are closely linked to the revenues and spending estimates (and financing needs) included in the Budget Bill.

Making short, medium, and long-term projections of significant national macroeconomic variables allows, among other things, producing independent analyses of the impact of these variables on the public sector balance sheet, forecasting their future evolution for multi-year horizons, as well as conducting studies on the intertemporal sustainability of the national public debt.

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