Government backtracks, will give provinces additional funding for education - News Summed Up

Government backtracks, will give provinces additional funding for education


In a move seemingly meant to tone down its conflict with provincial leaders over federal tax shares, the Milei administration announced on Thursday that it will provide provinces with additional funding for education. Although the law that regulates educational funding and contains said provision has already expired, the specific article regarding shareable taxes has been renewed over the years in order to guarantee funding for education. “The specific assignment of shareable resources is intended to raise the educational budget for the provinces and BA City. A couple weeks ago, Chubut Governor Ignacio Torres (PRO) said he would stop delivering oil and gas to the rest of the country unless his province received its share of federal tax funds. Last week, Buenos Aires Governor Axel Kicillof announced he would take the Milei administration to the Supreme Court to demand that federal tax funding be restored to the province.


Source: Bueno Aires Herald March 07, 2024 14:27 UTC



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