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Due to the coronavirus outbreak, the government is assessing the IFE resume and the ATP program, albeit in a limited edition

Nick Quaz by Nick Quaz
January 13, 2021
in News
0
Due to the coronavirus outbreak, the government is assessing the IFE resume and the ATP program, albeit in a limited edition

Due to the coronavirus outbreak, the government is assessing the IFE resume and the ATP program, albeit in a limited edition

The Economic Cabinet will discuss whether to resume IFE and ATP.

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In the coming days, the government will analyze to re-implement aid programs for families and businesses amid the coronavirus outbreak across the country. As known Infobae From official sources, At the next Economic Cabinet meeting, officials will discuss the possibility of launching a limited edition Emergency Family Income (IFE) and expanding salary assistance through ATP..

The idea surrounding the government’s headquarters is to resume measures applied by the executive branch in the worst part of the epidemic, though They will have shorter quantities and rangesBecause of the different health contexts and activity restrictions that were in place in the months of March and April 2020 compared to today. Even new schemes for helping families and the private sector can have different names.

In the coming days, the weekly meeting of the Economic Council of Ministers will be held under the coordination of the Prime Minister Santiago Caveiro. This will be the first time this possibility has been on the table. The official diagnosis is that the highest possibility is to re-implement a program similar to the IFE, while assistance to pay salaries such as ATP will be limited to sectors still affected such as tourism or entertainment.

At Thursday’s Economic Cabinet meeting, officials will discuss the possibility of launching a limited-edition Emergency Family Income (IFE) and expanding wage aid through ATP.

The proposal is still under analysis by the chair Alberto FernandezIt was reached by the Ministers of Productive Development, Matthias Kolvas, Social development Daniel Arroyo’s photo And job Claudio Moroni. Officials stated that The new health crisis forcing the government to take restrictive measures will mean that the economy will suffer again, Although activity levels have yet to recover from the first impact of the pandemic.

Of the three ministries, they assume that in a year in which the government will have to face the process of reducing the fiscal deficit in the middle of negotiations with the International Monetary Fund, an unexpected increase in the budget to meet this kind of measures This can only be done through reallocation of items and not by increasing public spending.

IFE reached 8.9 million people with three bi-monthly payments of $ 10,000. The government is considering a more limited aid program.

Relief measures for families and companies demanded from the state in 2020 expenses equivalent to about 5 points of GDP, which means More than a trillion pesos, between IFE, ATP and the rest of the package against Coronavirus.

IFE reached 9 million people during three bi-monthly payments of $ 10,000 It was implemented by the government between April and November. The program covered sectors that were left unprotected from the outbreak and restrictions on movement, such as Unemployed workers, workers, informal workers, private household employees, and individual or social workers from categories A and B.

Relief measures for families and companies demanded from the state in 2020 expenses equivalent to nearly 5 points of GDP, which means more than a trillion pesos, between IFE, ATP and the rest of the package against the Corona virus. .

According to official data, in total, Almost 30% of Argentine residents asked Anses to raise $ 10,000 in aid. In addition to the 8.9 million cases approved, the applications of nearly 4.6 million people were rejected, mainly due to the presence of empty income, whether for the applicant or a family member.

ATP came to cover, in the worst moment of the pandemic and with the most stringent restrictions on activity and movement across the country, the salaries of the employees of about 234,000 companies, mainly trade and industry. In that first round of ATP, according to official estimates, the payroll aid involved 2.3 million employees in the dependency relationship.

I kept reading:

ATPs and IFE Completed: How Will State Aid Continue Over the Next Year?

IFE Returned ?: What needs to happen in 2021 for Anses’ $ 10,000 bonus to be paid again

ADVERTISEMENT

The government has approved that it will pay a portion of the salaries of private sector employees in 2021

The government is investigating 3,700 companies that were to buy $ 500 million after ATP collects

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