“We have summoned for Tuesday all those responsible for the administration of ministries to give them programming until the end of the yearso that they know the investment priorities and spending ceilings,” he continued.
In addition, Massa explained that “There will be no more issuance for financing until the end of the year”. In tune, on Monday the “refunds to the Central Bank” will begin.
With that tone, the minister said that they began to govern limits for the entry of personnel in the public administration“and as of September 1, each sworn statement must be published with public access on the INDEC page.”
Rates
Regarding tariff policy, the minister ratified the announcements made this week: “In addition to segmentation, consumption caps to promote resource savings and a more progressive system of subsidies. Whoever consumes less or has less income, pays less, whoever consumes more or has more income, pays more”.
In this regard, Massa clarified that the subsidy segmentation and ceiling “will have a federal criterion with climate understanding.” In addition, the date on which the measure enters into force will depend on each sector and area, and will be informed by the Secretary of Energy.
Regarding water, which will follow a regime similar to electricity and gas in terms of subsidy cuts, he reiterated that the system will be applied from September 1st. “If we save water and energy, and order the subsidy distribution system, protecting the social tariff, the State will save 500 billion pesos a year“, he explained.
Exports
The superminister commented that the Government will launch a new regime to encourage the hydrocarbon sector: “Increasing our exports in this sector is key in a world that is experiencing a fierce energy crisis,” he said. In fact, he has already submitted a decree to the Presidency.
In addition, he announced that the Federal Administration of Public Revenues (AFIP) and Customs began notifications of cases registered as alleged under-invoicing of imports and over-invoicing of exports. As Massa himself explained in the first announcements of him as Super Minister of Economy, this maneuver would be used by companies to obtain more dollars, irregularly.