Massa's first management report

Massa’s first management report

The new economy minister Serge Massashared through his social networks a report of what was done in your first 48 hours at the head of the portfolio so that, he explained, “beyond any third-party speculation, they know what we are doing and how we are moving forward.”

The head of the Palace of Finance indicated that he summoned for this coming Tuesday “all those responsible for the administration of ministries to give them the programming until the end of the year, so that they know the investment priorities and the spending ceilings.”

As he reported at his first press conference in office, there will be no more issuance for financing until the end of the year and this Monday the refunds to the Central Bank will begin.

Cap on public administration personnel

Likewise, Mass confirmed the freezing of the State personnel plant. This measure had already been announced during the administration of former Minister Silvina Batakis.

“In coordination with all sectors of the public administration, we began setting limits on the entry of personnel, and as of September 1, each sworn statement must be published with public access on the @INDECArgentina page,” the new minister wrote.

Electricity and gas subsidies

Massa also stated that will continue with the segmentation of ratesbut “consumption caps are added to promote resource savings and a more progressive system of subsidies.”

“Those who consume less or have less income pay less, and those who consume more or have more income pay more,” he established.

The minister explained that “the segmentation and the subsidy ceiling will have federal criteria with climate understanding. The entry into force will be by sector and zone, and will be informed on Thursday by the secretary of @Energia_Ar”.

And he added: “In the case of water, it has been in force since September 1. If we save water and energy, and order the subsidy distribution system, protecting the social rate, the State will save 500 billion pesos a year.”


Lastly, Massa affirmed: “We finished the decree and elevated it to the Presidency, of the first of the regimes, linked to the hydrocarbon sector. Increasing our exports in that sector is key in a world that is experiencing a fierce energy crisis.”

News in development.

Source: Pagina12

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