As the world faces economic uncertainty and fluctuations in currency values, 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 is determined to achieve fiscal balance through bold measures that have accelerated progress towards this goal. The report also notes the improvement in the Central Bank’s balance sheet, increase in international reserves, and reduction in inflation. These measures are essential for maintaining macroeconomic stability in 2025, which will support economic growth, private investment, productivity improvement, and job creation.
The Government’s decision to eliminate intermediaries in managing welfare plans and expand social assistance for vulnerable sectors is another significant aspect of the report. The focus remains on maintaining zero deficit, improving public spending efficiency, and prioritizing support for the most vulnerable sectors.
Efforts are underway to modernize and simplify the State, 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. This will lead to a more business-friendly environment that will attract foreign investment and boost economic growth.
The report sets the stage for the formal presentation of the 2025 Budget project by Minister of Economy Luis Caputo on September 15 as required by law. The Government’s commitment to fiscal discipline, social welfare, and economic growth is central to its policy agenda.
In conclusion, the preliminary report on the 2025 Budget project highlights Javier Milei’s commitment to maintaining a zero deficit and reducing inflation during his administration. The Government is determined to achieve fiscal balance through bold measures that have accelerated progress towards this goal while also focusing on social welfare programs for vulnerable sectors. Efforts are underway to modernize public administration and create a more effective government that supports free enterprise while promoting macroeconomic stability in 2025
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