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An Atypical May Erased the Improvement of the First Quarter

Summary by La Voz
Transfers automatically to Córdoba from the Nation fell sharply in May compared to the same month last year. In real terms, that is, discounting inflation, the Panal received 26.2% less, impacting on provincial revenue, which depends on these shipments because they represent a majority of its total income.The collapse, which comes after six months of improvement, did not surprise the administration of Martín Llaryora, since it was known that the…
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The automatic twists of the Nation reached $461,259,8 million, 26% down in real terms compared to 2024. The fall in profits, which last year had a very high base, was key. This decline -which would be repeated, although not in the same magnitude, in the coming months - represents an extra complication for the Province. In fact, [...] The post The co-participation to Cordoba collapsed in May and opens a new front for Llaryora appeared first on Tr…

By Virginia Giordano (*). The financial situation of the Municipality of Córdoba is critical. At the bottom of the problem there is an oversized structure that, according to much of the citizenry, does not translate into efficient services or proportional results. The gap between the size of the municipal apparatus and its performance is especially visible [...] The post La Muni de Córdoba under analysis: oversized structure and critical financi…

Transfers automatically to Córdoba from the Nation fell sharply in May compared to the same month last year. In real terms, that is, discounting inflation, the Panal received 26.2% less, impacting on provincial revenue, which depends on these shipments because they represent a majority of its total income.The collapse, which comes after six months of improvement, did not surprise the administration of Martín Llaryora, since it was known that the…

The governors will meet on Tuesday at the Federal Investment Council to analyze the situation of the provincial coffers. On alert for the fall in the provincial coffers and also of the transfers of the Nation to the districts, the governors will meet on Tuesday at the Federal Investment Council (CFI) to make catharsis and analyze the situation of the provincial coffers. They will also add to the debate the state of the national routes that, they…

The Chamber of Commerce of Córdoba gave publicity to the results of the Commercial Observatory, corresponding to the retail sales of May 2025 in the field of the city of Córdoba. What emerges from the report is a considerable decrease in sales volume and quantity of units, in addition to an inter-monthly decrease of 8% in terms of profitability. According to the CCC, in the year-on-year variation (May/May) there was a fall of 4% of sales in unit…

To understand this decline, we must go back to May 2024: at that time, transfers to the provinces had shown a sharp increase, driven by the expiration of income tax advance payments for companies whose fiscal year ended in December 2023. This phenomenon was closely linked to the effects of the devaluation during that period: many companies, holding dollarized assets, saw their balance sheets in local currency revalued significantly, substantiall…

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chacodiapordia.com broke the news in on Saturday, May 31, 2025.
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