Amid economic challenges and fluctuations in the value of the dollar, the Government presented a preliminary report on its 2025 Budget project, emphasizing its commitment to maintaining a zero deficit and highlighting its achievements during Javier Milei’s administration.
The report emphasizes the importance of achieving fiscal balance through bold measures that have accelerated progress towards this goal, as well as the reduction in inflation, improvement in the Central Bank’s balance sheet, and increase in international reserves. The Government aims to maintain macroeconomic stability in 2025 to support economic growth, private investment, productivity improvement, and job creation.
One of the key initiatives highlighted in the report is the Government’s decision to eliminate intermediaries in managing welfare plans and expand social assistance for vulnerable sectors. This move is aimed at improving public spending efficiency while prioritizing support for the most vulnerable sectors.
Efforts to modernize and simplify the State are also underway, with a vision of creating a more effective, efficient, and citizen-friendly government. The Government aims to streamline public administration to support the private sector and promote free enterprise.
The report sets the stage for the formal presentation of the 2025 Budget project by Minister of Economy Luis Caputo on September 15th, as required by law. The Government’s commitment to fiscal discipline, social welfare, and economic growth is central to its policy agenda.