Guido Rangugni, president of ASAP, breaks down the viability of the state closure proposed by the government. He explained that Argentina has legal tools to adjust public spending by up to 20% in real terms without resorting to this typical US measure.
Argentine President Javier Milei recently suggested a US-style government shutdown to curb spending. However, budget expert Guido Rangugni explains that local laws already provide the necessary tools to balance the books without halting state operations.
Entre Ríos, Córdoba, and Santa Fe earned the maximum 100-point rating in the Fiscal Responsibility Law Compliance Index prepared by ASAP. These provinces lead national transparency standards while the country's average dropped to 70.9 points, showing a decline from previous measurements.
Alfredo S. Quiroga
