BUDGET BILL 2021 – ENERGY AND TRANSPORTATION SUBSIDIES

BUDGET BILL 2021 – ENERGY AND TRANSPORTATION SUBSIDIES

Next year’s projected expenditure on energy and transportation subsidies amounts to AR$805.8 billion, which is equivalent to 2.2% of Gross Domestic Product (GDP), at the same level of that foreseen for 2020. Of these funds, 77.4% is allocated to subsidize the...
BUDGET BILL 2021 – PUBLIC DEBT

BUDGET BILL 2021 – PUBLIC DEBT

The Budget Bill for the year 2021 estimates an interest expense for the national government of AR$665.95 billion for 2020 and AR$661.18 billion for 2021, including interest payable to entities within the national government. If government-owned companies, trust funds...
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