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How Does the Chainsaw Come in Provinces? Spending Rises in 2025, but Is Still Below 2023

Summary by Bloomberg Linea
In the first quarter of 2025, the Argentine provinces spent 12.2% less than in the first quarter of 2023, that is, prior to the change of government.However, the comparison shows a heterogeneous reality, in which even three districts increased spending.According to a calculation by the consultant Politikon Chaco, the province that adjusted spending more sharply, in real terms, was Santiago del Estero: in that jurisdiction the collapse was 32.4% …
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In the first quarter of 2025, the Argentine provinces spent 12.2% less than in the first quarter of 2023, that is, prior to the change of government.However, the comparison shows a heterogeneous reality, in which even three districts increased spending.According to a calculation by the consultant Politikon Chaco, the province that adjusted spending more sharply, in real terms, was Santiago del Estero: in that jurisdiction the collapse was 32.4% …

From the analysis of the budget execution of provinces and CABA with data for the first quarter of 2025 in terms of real year-on-year percentage change, it appears that current revenues rose by 8% in 2025 and capital revenues grew by 49%. As a result, total revenues increased by 8.2% in real terms [...] The post Pressure on provinces: spending exceeds revenue and reduces the fiscal margin appeared first on puntoapunto.com.ar.

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Punto a Punto Diario broke the news in on Thursday, July 24, 2025.
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