• Sat. Jul 6th, 2024

Government Unveils Preliminary Report on 2025 Budget Project: Focusing on Fiscal Discipline, Social Welfare, and Economic Growth

BySamantha Jones

Jul 3, 2024
Controlling Inflation and Achieving a Zero Deficit: Key Strategies

In the midst of economic uncertainty and fluctuations in the value of the dollar, the Government has released a preliminary report on its 2025 Budget project. The report highlights Javier Milei’s commitment to maintaining a zero deficit and reducing inflation during his administration.

The Government’s approach to achieving fiscal balance is emphasized in the report, which details bold measures that have accelerated progress towards this goal. Additionally, the report notes improvements in the Central Bank’s balance sheet, increase in international reserves, and reduction in inflation rates.

Macroeconomic stability is a top priority for the Government in 2025, as it aims to support economic growth, private investment, productivity improvement, and job creation. The decision to eliminate intermediaries in managing welfare plans and expand social assistance for vulnerable sectors is also highlighted in the report.

The Government’s efforts to modernize and simplify the State are underway with a vision of creating a more effective, efficient, and citizen-friendly government. The focus remains on maintaining zero deficit, improving public spending efficiency, and prioritizing support for the most vulnerable sectors.

Minister of Economy Luis Caputo will formally present the 2025 Budget project on September 15 as required by law. The Government’s commitment to fiscal discipline, social welfare, and economic growth is at the core of its policy agenda.

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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