One of the most decisive events throughout the administration of Alberto Fernández occurred in the Congress of the Nation. There they rejected the 2022 Budget and a scandal arose over how the country’s funds would be divided for the current year, although now they are going for revenge with the Budget 2023 which will be presented by Serge Massa.
The Minister of Economy will attend September 28 to Chamber of Deputies to expose about this initiative. It details the income, expenses and resources forecast for the next year that have already emerged unofficially with certain relevant indicators. For example, it is estimated that growth will be 2%, the 60% inflation and the deficit will fall from 2.5 to 1.9%.
As if that were not enough, they also estimate that the dollar, in its official price, will reach $166.50 by December and end 2023 at $269. This is what Sergio Massa will defend in Congress together with the Secretary of the Treasury, Raul Rigo; Finance, Eduardo Setti; of production, Jose de Mendiguren; of Agriculture, John Joseph Bahillo; and energy, Flavia Rayon.
This project will go to a round of consultations in which the holders of AFIP, Charles Castagneto; Customs, William Michaeland from Anses, Fernanda Raventaand the labor ministers, Claudius Moroni; Of transport, alexis warrior; and Public Works, Gabriel Katopodis, according to Télam. Under these circumstances, the ruling party hopes to approve it.
The voting date
It is expected that the opinion of the Budget 2023 is signed on Monday, October 24 and, in this way, it could be voted on the 26 of the same month in the lower house. If approved, he will be passed to the Chamber of Senators, who could give him the half sanction that would be missing by that time. However, the ruling party must first reach agreements with certain opposition wings to guarantee the sanction.