Finally, the National Government will give the money to the province of Buenos Aires

Argentina, July 19, 2012

After the meeting between Finance Minister Hernan Lorenzino and the governor of the province of Buenos Aires Daniel Scioli, the Government reported that they will send 600 million and a voucher that will enable another 900 million pesos. The government had issued 1 million two weeks ago. 

Lorenzino said “the president instructed to give $ 600 million under the Fiscal Responsibility Act and authorized the issuance of a bond of another 900 million pesos.”

With this new money sent to the province is completed the payment of bonuses in the district with the largest number of inhabitants.

The move comes after state workers demonstrated to demand the release of the missing of the other 50% of the annual bonus.

Lorenzino sentenced “this financial assistance is part of a fiscal policy that has a single objective which is to reduce the asymmetries between the different regions of our great country,” adding “is neither more nor less than the support that has been giving the national government to the province of Buenos Aires.”